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Sinnad

SINNAD is a Bahraini financial company established in 2009; it licensed and regulated by the Central Bank of Bahrain to provide Ancillary Services and end-to-end card processing and electronic banking solutions to financial and non-financial institutions, including all card processing practices and solutions with a full back-end infrastructure. SINNAD is the cards processing arm and fully owned by Bahrain Electronic Network for Financial Transactions (BENEFIT) known as The Benefit Company. The company aims to support its client banks grow their business with no risk, high efficiency, low operating cost and increasing profitability by outsourcing their services. Through best-in-class technology and know-how, provides the banks with reliable, efficient and easy-to-use Card issuing, ATM and Merchant acquiring systems.

Total Fundraised$5B

PE Round
Late Stage
Debt Financing
Pre-IPO
Series C
Series B
Series A
Others
Calendar Image2008
Established
HeadquarterGradient ImageManama, Bahrain
Headquarter
OperationalGradient Image
BHR
Operational Market
SectorGradient Image
Fintech
Finance
Financing Platform
Financial Services
Banking Technology
Banking
Primary Sector
EmployeeGradient Image11 - 50
Employees
PinGradient ImagePrivate Equity
Current Stage
GlobeGradient Imagehttps://sinnad.com.bh/
Website

Funding Types by Funds Raised (in USD)

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Cumulative Funding Raised Over Time

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Sinnad's Investors by Funding Rounds

Funding Round

Announced Date

Disclosed Investors

Round Amount (USD)

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