EQ-Group LLC-DWC Announces Strategic Partnership with Infinios and Equity Participation with nDigital - PRNewswire

DUBAI, UAE; MANAMA, Bahrain and GRAND CAYMAN, Cayman Islands, Sept. 15, 2021 /PRNewswire/ -- Dubai based Social Fintech company EQ Group LLC (EQG), the company with the super app ecosystem, flaim, announced a strategic partnership with Bahrain-based fintech Infinios Financial Services B.S.C.(c) (Infinios). Infinios provides digital banking and payment technology solutions that facilitate open integration between financial institutions and the fintech ecosystem and drive financial inclusion through the take-up of innovative digital financial services products.

To strengthen the strategic partnership between the companies, nDigital Ventures (nDigital), an incubator and accelerator to fintech and digital platform businesses, acquired a meaningful equity stake in EQG; both Infinios and nDigital are subsidiaries of nDigital Holdings SPC, a group holding company based in the Cayman Islands.

EQG, having developed and built the super app ecosystem, flaim, which combines social media, digital and fiat payments, a marketplace, gaming and other complimentary services within a single ecosystem, has partnered with Infinios to use its banking as a service (BaaS) platform to enable flaim users to pool digital and fiat assets and access IBAN accounts, cards, contactless payments, transfers and remittances, and other related ancillary services within numerous jurisdictions.

"The partnership with Infinios allows us to scale our business quickly, while integrating leading edge fintech and...



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