THE MIDDLE EAST'S
TOP 25 FINTECH
Date of Establishment: 2015
Description: Crypto-asset exchange
Founders: Ola Doudin, Daniel Robenek
BitOasis allows users to buy, sell, and trade cryptocurrencies, such as Bitcoin, Ethereum, and XRP, among other currencies. BitOasis operates in the U.A.E., Bahrain, Kuwait, Oman, Saudi Arabia, Turkey, Qatar, Morocco, Egypt, Jordan, Iraq, Lebanon, and Tunisia. As of July 2022, the company had over 200,000 registered customers and an aggregate trading volume of $4 billion, of which $1.7 billion was generated in 2021. In 2021, it raised $30 million in a Series B funding round from regional and global investors.