Israel’s Fintech-Aviv and Bahrain Fintech Bay Partner Up on Financial Innovation Bahrain Fintech Bay (BFB) and the Fintech Association of Israel – Fintech Aviv (FTA) have agreed to collaborate on the development of Fintech in the region. Earlier this year, diplomatic relations between the two countries were normalized ushering a new era of cross-border innovation and partnership. The Abraham Accords Peace agreement was signed between Bahrain and Israel in September 2020. According to a release, both parties will collaborate on joint projects, community events and facilitate communication and introduction between Fintechs and venture capital interested in expanding in both countries. BFB claims to be one of the leading Fintech Hubs in the region. Its mission is to develop and accelerate the Fintech ecosystem in the Middle East. During the past three years, BFB has incubated over 50 Fintechs that have looked to establish their MENA headquarters in Bahrain. BFB has also partnered with over 20 global scale-ups looking to expand regionally via its unique venture acceleration platform.