June 3, 2025
BENEFIT, Bahrain’s leading fintech and electronic payments company, has joined forces with Bahrain Clear (a subsidiary of Bahrain Bourse) to launch a new eIPO service on the BenefitPay app. This service will make it much easier for everyday investors to participate in initial public offerings (IPOs) on the Bahrain Bourse.
Set to launch in the last quarter of 2025, this new feature will allow users to subscribe to IPOs directly through BenefitPay, from registration to payment — all in one seamless digital experience. It’s designed to be simple, fast, and user-friendly, giving investors instant access to all the latest public share offerings.
Shaikh Khalifa bin Ebrahim Al Khalifa, CEO of Bahrain Bourse and head of Bahrain Clear, said:
“We’re excited to work with BENEFIT to bring the eIPO service to BenefitPay users. This platform makes subscribing to IPOs secure and straightforward, encouraging more people to get involved in Bahrain’s capital markets.”
Mr. Abdulwahed AlJanahi, CEO of BENEFIT, added:
“This partnership is a major step forward in Bahrain’s digital financial journey. By adding eIPO to BenefitPay, we’re making it easier for investors to take part in IPOs safely and transparently. We want to help more people join the investment community and support Bahrain’s growing financial ecosystem.”
This collaboration aligns with Bahrain’s broader strategy to develop the financial services sector and promote digital innovation, ultimately making investing more accessible to all.
