Fintech In Iran

Digital banking professional say innovative credit services, namely lendtech and BNPL (buy now and pay later), will dominate Iran's fintech ecosystem this year, thanks to the galloping inflation…

The Central Bank of Iran's executive board has approved a framework for the regulatory sandbox.  The sandbox will operate under the supervision of a strategic council in charge of setting…

Iranian Fintech Association, a non-governmental body formed by fintech applications, has strongly opposed newly announced regulations demanding payment facilitator applications to get the online…

Launching a regulatory sandbox is on the agenda of the Central Bank of Iran for promoting financial technology, the CBI deputy governor for innovative technologies said.

The Central Bank of Iran in a bid to help facilitate micropayments on Tuesday unveiled a regulatory framework for fintechs dealing with electronic wallets. Banks and credit institutions are now…

Banks and non-bank credit institutions can offer electronic wallets to help facilitate micro transactions, says the Money and Credit Council, the highest supervisory and regulatory body of Iran'…

Iran’s Fintech Association has proposed a new fee system for online payment in which payment aggregators and payment service providers cover the network fees, which are currently paid by banks…

Banks have to keep abreast of innovative technologies mainly when it comes to payment instruments to be able to maintain their fair share of the payment market, says the managing director of…

The Eight Conference on Electronic Banking and Payment Systems opened at Tehran’s iconic Milad Tower on Tuesday.  The two-day event, organized by the Monetary and Banking Research…

To claim a share of Iran’s growing fintech market, Bank Mellat has launched an innovation center to help promote the application of smart technologies in banking.

Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has focused efforts on studying ways to benefit from that technology…

Shaparak Company, the Central Bank of Iran’s arm for operating the country’s payment network, on Saturday signed an agreement with six major fintech firms– the first such firms to work within…

A new platform has been launched to facilitate interactions between the Iranian Cyber Police (FATA) and Iran Fintech Association.  “It aims to serve as a channel of safe and quick…

Established in early 2018, Iranian startup "Finto" is an online payroll management system, promoting workplace transparency.

Farabi Accelerator developed by Shahid Beheshti University…

The 5th round of Iran’s Financial Technology Event known as FinUp is set to put women active in financial technologies in the spotlight trying to draw attention to their significant…

The Central Bank of Iran was until now considered the only entity in charge of devising regulations for fintech companies, but President Hassan Rouhani’s Cabinet on May 23 announced its own…

The Central Bank of Iran is expected to announce its regulatory framework for fintechs in the coming months and according to the regulator's deputy for innovative technologies, European…

Ahead of the publication of the latest regulatory framework by the Central Bank of Iran for fintechs operating electronic wallets and account management facilities, the regulators’ deputy for…

The Central Bank of Iran’s next regulatory framework document for fintechs dealing with personal finance and account information management will be publicly disclosed early next fiscal year that…

Targeting Iranian stock traders and investors, the local startup ‘Raahkar’ (meaning solution in Persian) has started offering online market services.

The services are accessible through…

Iran’s High Council of Cyberspace, one of the main entities deciding the fate of virtual currencies in Iran, has welcomed the idea of Bitcoin and other cryptocurrencies if they are harnessed by…

While the Central Bank of Iran has yet to adopt an official regulatory stance on cryptocurrencies, it has warned citizens and investors against indiscreetly using them, especially the most…

Banks, fintechs, financial solution vendors and startups were present in full force at the Third Iran Transaction Exhibition (ITE) in Tehran on Tuesday.

The Central Bank of Iran on Sunday published a document on policies related to the operation of fintechs, clarifying its stance about the role of the regulatory body and defining non-bank firms…

An Iranian startup ‘Analyza’ has launched a personal financial management application with the aim of helping users track their expenses.

The app is developed by Neshan Software Company…