MEEZA is working with CWallet to run the blockchain-powered digital wallet services

February 15, 2021 – 9:05 a.m.

from right: Michael Javier, CEO and founder of CWallet; Faisal Al Kuwari, CTO of MEEZA; Abdulmohsin Al Yafei, COO of CWallet; Closely. Ahmad Al Muslemani, CEO of MEEZA; Mohsin Al Marri, MEEZA COO.

Doha: MEEZA has announced that it will enter into a partnership with CWallet to support the processes behind the pioneering digital wallet solution with its end-to-end managed IT services.

Cwallet is a blockchain-based mobile wallet designed to be a one-stop shop for on-site, delivery and online transactions, enabling users to access a wide variety of digital financial services. With Cwallet, ecommerce platforms can also use the built-in wallet for API integration.

As a Qatar-based financial technology startup, Cwallet is a leader in FinTech, using digital solutions to offer alternative payment solutions to all users, without exception. The partnership enables Cwallet to build its digital activities with MEEZA’s leading infrastructure and support services nationwide.

Comment on partnership, Eng. Ahmad Abdulla Al Muslemani, CEO of MEEZA, stated: “Today MEEZA and Cwallet are teaming up to bring a new chapter in FinTech to life in Qatar. With its groundbreaking blockchain technology, Cwallet embodies the innovation and agility that the FinTech sector needs to develop locally and beyond. MEEZA is proud to continue its mission of supporting leading technology startups in Qatar who are fully committed to growing our country’s capabilities across all sectors. “

Michael Javier, CEO and Founder of Cwallet, added: “Our partnership with MEEZA aims to bring the best of Qatar’s leading managed IT services and solutions provider to our business. With such an online platform, our focus is on ensuring that our users’ data is protected at all costs and to the highest standards, taking into account the financial aspect of our services. MEEZA’s extensive range of state-of-the-art technology, ranging from cloud services and IT security services to data center services, is the core of the cwallets structure. We are pleased to have you on board as our strategic partner to further advance MEEZA’s mission. “

The partnership is in line with MEEZA’s commitment to local innovation and entrepreneurship in Qatar. As a joint venture of the Qatar Foundation, MEEZA continues to work to empower startups and government organizations through its leading managed IT services and solutions.

Share this post

also read

arrow
Read more QNB wins 7 prestigious awards

February 15, 2021 – 9:03 am

The QNB Group, the largest financial institution in the Middle East and Africa, has received leading recognition for its skills and achievements in the private banking sector with seven trophies in the Euromoney Private Banking and Wealth Management Survey 2021 by the prestigious Euromoney magazine.

arrow
Read more The Ooredoo Group announces a net profit of QR 1.1 billion for 2020

February 15, 2021 – 8:54 am

The Ooredoo Group yesterday announced a net profit of QR 1.1 billion in 2020 and the board of directors proposed a cash dividend of QR 0.25 per share. Net income attributable to Ooredoo shareholders decreased 35 percent year over year in 2020, mainly due to lower EBITDA and one-time gains from the sale of Indonesian towers in 2019. In the fourth quarter (Q4) 2020, net income was negatively impacted by currency losses mainly due to the devaluation of the Iraqi dinar and a one-time impairment loss due to an investment.