London’s Deeptech, Banking Firm Tintra Awarded Fintech Services License in Qatar

Deeptech & Banking company Tintra PLC has been awarded a Fintech Services License to operate in the Qatar Financial Centre (QFC), which is described as “a watershed moment as the company expands its build-out worldwide.”

Tintra is using artificial intelligence and Web3 technologies “to build a global, borderless banking infrastructure.” With a license now granted, Tintra Middle East LLC, a subsidiary of Tintra PLC, is set “to open an office in Doha, and has begun recruitment for several positions for its local team in Qatar.”

The announcement heralds “an exciting era for financial services in the Middle East, and is a further indication of how Web3 is set to revolutionize global banking with truly borderless transactions.”

On the back of a 90 Day Project Revolution that saw four patent applications and radical leaps forward in the timeline, Tintra is now “set to begin the 180 Day Project Execution as it starts to build out its technology and banking platforms.”

The news follows “the grant of a Payment Intermediary Services License in Mauritius, awarded in April.”

Richard Shearer, Founder of Tintra PLC, comments:

“This licence is a real flag-in-the-ground moment as we build out our plan for a revolutionary global banking infrastructure. The Middle East is a core market for Tintra, so we were eager for a licence to be granted and begin developing our innovative infrastructure locally. My excitement for the future is matched only by the admiration I have for the team at Tintra, whose commitment to our mission is making tomorrow’s potential a reality today. I’d like to thank those at the QFC for taking the time to understand our model and our partners at Sharq Law Firm for their unwavering excellence and support.”

As noted in the update, Tintra PLC is “a London-headquartered Deeptech & Banking company that is building a borderless banking infrastructure to create true fiscal inclusion in trade and finance across the emerging world, delivered via a strategic network of full bank licences on four continents and utilizing advanced artificial intelligence, machine learning, and Web 3.0 technologies.”

Tintra has “a team of 40 working on its banking infrastructure across London, the Gulf, and the US.”

Investors reportedly “include high-profile family offices and private individuals in the US, the Middle East, and East Asia.”

Tintra is “listed on the AIM market of the London Stock Exchange (LON:TNT) and the Berlin Stock Exchange (M3J1:BER).”

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