Financial technology firm Goals101 Data Solutions on Tuesday announced the opening of its office in the Qatar Financial Centre in the Qatari capital Doha, thus making it the first such company to start operating in the Gulf nation.
The Delhi-based company said that with a fintech boom in the Middle East region, Goals101 aims to target the banks that are increasingly looking at the potential benefits of financial technology and digital platforms.
"The company today has partnerships across 21 leading banks in Asia and solves multitude of use cases.
"The Qatar Financial Centre is a global business and financial centre and its onshore platform provides opportunities to expand to and from the Middle East," a company statement said.
Goals101 currently has offices in Malaysia, Delhi, Mumbai and Bengaluru, the statement added.
Commenting on the development, Goals101 Founder and MD Visham Sikand said in a statement: "Our new office in Doha will strengthen our existing operations and help serve this key market while we lead our expansion into other countries across the Middle East and Africa."
"Our proprietary platform 'Alpha' is powered by machine learning and artificial intelligence and has been designed by some of the leading data scientists in the world," he said.
--IANS
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