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Home » Ibanera Partners RAK DAO to Drive Digital Banking Innovation in the Middle East

Ibanera Partners RAK DAO to Drive Digital Banking Innovation in the Middle East

Joan Aimuengheuwa by Joan Aimuengheuwa
August 6, 2024
in StartUPs
Reading Time: 2 mins read
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Ibanera Partners RAK DAO to Drive Digital Banking Innovation in the Middle East

Source: Pixabay

The RAK Digital Assets Oasis (RAK DAO) has partnered with Ibanera, a digital banking platform based in the United States. 

This partnership will enable Ibanera to expand into the Middle East, where it will leverage RAK DAO’s unique ecosystem to enhance its reach in the region’s growing digital asset market. 

As a newly licensed ecosystem partner, Ibanera will access a wide network of Web3 resources, funding opportunities, and blockchain tools to support its growth and innovation in digital banking and Web3 technologies.

Dr. Sameer Al Ansari, CEO of RAK DAO, emphasised the strategic importance of this partnership. “RAK DAO’s vision is to be the free zone of the future for the companies of the future. Ibanera’s entrance into the region aligns perfectly with our goal of fostering future-driven innovation and next-generation banking technologies.

“This collaboration not only positions Ibanera as a key player in this dynamic region but also strengthens RAK DAO’s ecosystem by introducing cutting-edge financial services and solutions.”

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Also commenting, Michael Carbonara, CEO of Ibanera said, “We are thrilled to join RAK DAO’s network of future innovation. The business-friendly infrastructure and progressive policies in Ras Al Khaimah make it an ideal location for global business growth.”

Through RAK DAO’s ecosystem of Web3 partners, Ibanera aims to expand its PORTL API and other key solutions, stimulating creativity and innovation. 

RAK DAO’s straightforward legislation and seamless onboarding process will further support Ibanera’s mission to provide cutting-edge services to companies, from startups to enterprise operators.

The all-in-one innovative financial service platforms owned by Ibanera will offer RAK DAO and its ecosystem of Web3 businesses a convenient, seamless, and user-friendly experience, ranging from NFT Tokenisation-as-a-Service to digital asset purchases and next-generation banking solutions. 

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