Qatar International Islamic Bank Makes Strategic Investment in SkipCash Fintech

SkipCash, a Qatari digital payments fintech, announced an investment from Qatar International Islamic Bank (QIIB). The deal is intended to support SkipCash's growth and expand digital payment solutions across Qatar and the GCC. Mohammed Al-Delaimi, SkipCash's Managing Partner, said the investment with QIIB "will help bring more audience, more business owners, and more high-end retailers." QIIB CEO Dr.

Abdulbasit Ahmed A. Al Shaibei said the bank's investment "reflects our confidence in the company's vision, leadership, and ability to deliver innovative payment solutions that support businesses and contribute to the country's digital transformation." Financial terms were not disclosed.