Manama: Beyon Connect, part of the Beyon Group, announced that CFI Financial, a leading regional provider of online trading and investment services recently launched in Bahrain, has become the first investment platform in the Kingdom to go live with eKey for Business (EKEY-B), the national biometric digital identity and eKYC platform for the private sector.
According to Bahrain News Agency, EKEY-B was developed by Beyon Connect in collaboration with the Information and eGovernment Authority (iGA) and is a core component of Bahrain's eKey 2.0 initiative. This initiative extends trusted, passwordless, and consent-based digital identity services to private sector organizations.
Through this integration, CFI Financial now offers clients a fully digital onboarding journey, powered by secure 3D facial biometrics. The process eliminates passwords, OTPs, and manual document uploads, providing a seamless and highly secure experience for new investors. By leveraging Bahrain's sovereign digital identity infrastructure, CFI ensures its services are not only user-friendly but also fully compliant with the Central Bank of Bahrain (CBB)'s KYC regulations and the Personal Data Protection Law (PDPL).
Christopher Hild, CEO of Beyon Connect, said that CFI's adoption of EKEY-B reflects the growing momentum behind Bahrain's digital identity ecosystem. He added that it represents a significant milestone not only for CFI but for the investment sector as a whole, and expressed pride in supporting the forward-looking launch while welcoming CFI to Bahrain's growing community of digital pioneers.
Yaseen Alsamerrai, CFI Country CEO Bahrain, stated the company is pleased to embrace eKey for business in partnership with Beyon Connect. He noted that the integration aligns with CFI's mission to provide clients with a fast, secure, and intuitive trading experience, while supporting Bahrain's national vision for digital innovation.
The eKey for Business platform is delivered by Beyon Connect on behalf of the Information and eGovernment Authority (iGA). It forms part of Bahrain's broader eKey 2.0 initiative, a national strategy to extend trusted, consent-based digital identity solutions to both the public and private sectors.