Fintech start-up CWallet has partnered with Microsoft Qatar to migrate its services and data to Microsoft Azure. The migration will enable payments to be made quickly and securely, providing a safe and scalable end-user experience.
The partnership was formalised in a Memorandum of Understanding by Michael Javier, CEO and founder of CWallet, and Lana Khalaf, general manager of Microsoft Qatar on 28 June 2022.
“At CWallet, security, compliance, and data privacy are key priorities – as they are at all other fintech organisations,” said Javier. “By partnering with Microsoft and migrating our technology stack to Azure, we can ensure that our organisation runs on the most trusted, scalable and robust cloud platform in Qatar. Azure also allows us to build, deploy, and manage apps without buying or maintaining the underlying infrastructure. This partnership will enable us to deliver the highest end-user experience to our business-to-business and business-to-consumer customers.”
Under the new agreement, CWallet will leverage Microsoft products and services including Azure Machine Learning, Cosmos DB, Power BI, Kubernetes, Application Insights, and other Azure security services.
“Qatar has prioritised the growth of its start-up ecosystem as the country pursues its vision to become a sustainable innovation hub,” said Jamal Bdeir, small and medium business lead for Microsoft Middle East. “As Qatar’s trusted digital transformation partner, we at Microsoft are committed to empowering start-ups and entrepreneurs to harness the intelligent cloud and deliver innovative services for customers. This partnership will enable us to contribute to the transformation of the financial services industry through integrated cloud resources that meet the security and compliance needs of CWallet’s customers.”
The partnership comes ahead of the launch of a new Microsoft Cloud data centre region in Qatar, which will provide cloud services for developers and businesses.