28 May 2024

SADAD initiated a new partnership with Bima

In a landmark event at COMEX 2024 on Tuesday, 28 May, Bima and SADAD officially signed a partnership agreement poised to transform the digital payment and insurtech industries. This collaboration aims to leverage the unique strengths of both companies to deliver innovative, seamless, and secure financial services to a broader audience.

Bima, a leading player in the insurtech sector, has been at the forefront of providing affordable insurance and health services through mobile technology. Its mission to democratize access to essential financial products has reached millions in emerging markets. SADAD, renowned for its comprehensive digital payment solutions, simplifies electronic transactions, from bill payments to online purchases, ensuring high standards of security and reliability.

The partnership promises to enhance customer experience by integrating Bima’s insurance products with SADAD’s payment platform, enabling users to purchase policies and make payments within a unified ecosystem. This collaboration also aims to boost financial inclusion by making insurance products more accessible to underserved populations through SADAD’s extensive digital infrastructure.

The Bima-SADAD partnership, celebrated at one of the largest technology expos, marks a significant step towards creating a more inclusive and innovative financial ecosystem, setting new standards for digital financial services.