AHLI FINTECH Partners with CloudVests to Equip FinTech Startups with Cloud Optimization Services

Amman, August 2024: AHLI FINTECH - a fully owned subsidiary of Jordan Ahli Bank - has announced a new strategic partnership with CloudVests; an AWS advanced consulting partner offering a comprehensive suite of services designed to bridge the gap between business needs and the ever-evolving cloud landscape. Through a signed Memorandum of Understanding (MoU), AHLI FINTECH and CloudVests will jointly conduct workshops and training sessions on cloud technologies tailored specifically for fintech startups. The agreement also includes dedicated cloud architecture and migration support by CloudVests for AHLI FINTECH’s portfolio companies at discounted rates.

The partnership kicked off with a workshop hosted by AHLI FINTECH to introduce CloudVests to its fintech startups. All startups will be able to benefit from a complimentary assessment to identify optimization opportunities, with the option to continue engaging with CloudVests at preferential rates exclusive to AHLI FINTECH’s portfolio companies.

Leveraging its position in the fintech startup ecosystem, AHLI FINTECH drives growth and innovation by mobilizing vital resources and opportunities to empower startups, as well as by launching internal initiatives and enabling ecosystem players. A key aspect of this approach involves forming strategic partnerships with essential service providers like CloudVests to lend valuable support to entrepreneurs.

Jordan Ahli Bank and CloudVests have previously collaborated on the cloud deployment of Qawn; the Kingdom’s first-of-its-kind social payment app with over 150,000 users. This successful endeavor underscores CloudVests’ capability to assist AHLI FINTECH’s startups in optimizing their cloud environments and achieving long-term cost savings.

“We are excited to partner with CloudVests to offer our fintech startups exceptional cloud optimization services. This MoU is a significant step that demonstrates our commitment to nurturing and empowering the growing fintech ecosystem in Jordan. While cloud deployment provides unmatched scalability and flexibility that allows startups to adjust their resources swiftly without major upfront costs, it also presents challenges for those who are less familiar with or experienced in this area. CloudVests is the perfect partner to help our startups streamline their cloud strategies and ensure both cost-effectiveness and operational excellence,” stated AHLI FINTECH CEO, Ghassan Muasher.

"We are delighted to strengthen our partnership with AHLI FINTECH. This collaboration is a testament to our shared commitment to driving innovation in Jordan's fintech ecosystem. By providing cutting-edge cloud solutions, we aim to empower startups and accelerate their growth. Together, we are building a thriving digital future," commented CloudVests CEO, Moatasem Abdalmahdi.

AHLI FINTECH incubates and accelerates early to seed-stage fintech startups with up to USD 200K in startup capital, enabling access to Jordan Ahli Bank customers, fintech and innovation experts and open-banking APIs to validate, deploy and scale customer-facing solutions rapidly in Jordan and across the MENA region. Its vision is to promote the fintech ecosystem and establish Jordan as a regional hub for fintech innovation.اضافة اعلان

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