Thawani Technologies LLC, Oman’s first Central Bank of Oman–licensed payment service provider, has signed a Memorandum of Understanding with Monak to establish a framework for integrated digital and financial technology solutions across the Sultanate.
The collaboration will explore ways to embed secure, locally compliant payment capabilities into digital platforms, enabling organizations to streamline service delivery, improve reconciliation and reporting, and accelerate time-to-market through scalable integration models. Thawani’s licensed payments infrastructure and developer enablement capabilities will be combined with Monak’s digital platform approach to financial and lifestyle services, including solutions that simplify onboarding for employers and users.
“This partnership is about turning digital journeys into fully executable services – securely, transparently, and at scale,” said Eng. Majid Al Amri, Founder and CEO of Thawani. “When payments are embedded directly into the platforms people and institutions already use, outcomes improve: processes move faster, user experiences become simpler, and governance becomes stronger. We see this collaboration as a practical step toward strengthening Oman’s digital infrastructure with solutions built for long-term relevance and regulatory alignment.”
Said Salim Al Shanfari, Co-Founder and Managing Director at Monak, described the agreement as a values-driven partnership. “Meaningful digital transformation is built on partnerships grounded in trust, execution, and long-term value. Our collaboration with Thawani reflects a shared belief that technology should remove friction from essential services. Together, we look forward to supporting Oman’s digital ambitions through solutions that are resilient, scalable, and aligned to local market needs.”
The MoU reflects growing momentum behind Oman’s digital agenda, as institutions seek cohesive frameworks that connect service delivery with trusted financial rails. Partnerships between regulated fintech providers and platform innovators are increasingly shaping how digital services are designed, integrated, and delivered across the national ecosystem.
Source: https://meatechwatch.com/2026/01/13/thawani-partners-with-monak-to-boost-digital-services-in-oman/
