Bahrain-based digital asset platform CoinMENA has announced a strategic partnership with payments technology company INFINIOS to introduce a new virtual and physical card program. This collaboration is set to give the crypto platform’s users a direct way to spend their digital assets in the real world, marking a significant move to enhance the practical use of cryptocurrencies in the MENA region.
Quick Facts
- The Partnership: CoinMENA is teaming up with payment firm INFINIOS.
- The Product: A new program for virtual and physical cards.
- The Goal: To increase the real-world utility of digital assets.
Bridging Crypto with Everyday Payments
Under the new agreement, INFINIOS will serve as the licensed card issuer, providing the underlying card processing and program management technology. This infrastructure will allow CoinMENA to deliver secure and scalable card services to its client base across the region.
The initiative is designed to give users more financial flexibility, making it easier to manage and spend funds directly from their CoinMENA accounts through a dedicated card. This move aims to close the gap between holding digital assets and using them for daily transactions.
A Regulatory-First Approach to Innovation
The partnership brings together two companies focused on building compliant, institutional-grade financial products. CoinMENA operates under the regulatory supervision of the Central Bank of Bahrain and Dubai’s Virtual Assets Regulatory Authority (VARA), a key factor in its regional growth and user trust.
Dina Sam’an and Talal Tabbaa, Co-Founders of CoinMENA, stated, “This partnership with INFINIOS is a significant step in our strategy to offer versatile financial tools to our users in a seamless and secure way. Working with INFINIOS enables us to extend the utility of digital assets while staying true to our core principles of compliance and customer confidence.”
Building for an AI-Driven Future
Both companies see the partnership as a long-term commitment to advancing digital finance. The collaboration is also geared towards future developments, including the creation of “agentic cards” designed for an AI-centered financial environment.
Sherif Abdelsalam, CEO of INFINIOS, commented, “CoinMENA is widely recognized for its leadership, regulatory strength, and customer-centric approach in the digital asset space. We are proud to partner with them on this important initiative, delivering robust card issuance capabilities that are built for scale, resilience, and innovation. This collaboration reflects our shared vision of redefining modern payments.”
About CoinMENA
CoinMENA aims to empower both new and seasoned investors by providing accessible crypto asset investment options. Headquartered in the Kingdom of Bahrain, CoinMENA B.S.C. (c) is licensed by the Central Bank of Bahrain (CBB) as a crypto asset service provider (category-3). CoinMENA FZE, headquartered in the United Arab Emirates, is licensed as a broker-dealer virtual asset service provider (VASP) by Dubai’s Virtual Assets Regulatory Authority (VARA).
About INFINIOS
INFINIOS is a payments technology company specializing in modern card issuance and processing solutions. Built to serve the needs of forward-thinking financial institutions and fintechs, INFINIOS enables the launch of scalable, compliant, and future-ready payment programs.
Source: Zawya
