Image Courtesy: OSON

Islamic Finance

OSON prepares MENA wallet launch with new fintech platform


OSON, a fintech holding company operating across Central Asia and the UAE, has completed a new digital architecture to support the launch of a multi-currency wallet in the Middle East and North Africa, as part of a wider international expansion planned through 2026.

The company said the next-generation platform replaces legacy systems with a modular, API-driven infrastructure designed to handle cross-border payments, regulatory compliance and scalable financial services across multiple jurisdictions. OSON processed more than 30 million transactions in 2025.

As part of its regional expansion, OSON has established its global headquarters at the Dubai International Financial Centre, where it has received in-principle approval from the Dubai Financial Services Authority and is working toward full regulatory authorisation. The Dubai base will coordinate regulatory engagement, product localisation and partnerships across the GCC and wider MENA region, while also acting as a link between Central Asia and Middle Eastern markets.

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Muhammad Ali Bandial