Boubyan Bank Signs Strategic Partnership with Kita

As part of its strategy to develop its corporate banking ecosystem and support small and medium-sized enterprises (SMEs), Boubyan Bank announced a strategic partnership with Keta, the leading global platform for delivering orders and daily needs.

The partnership enables Boubyan’s corporate banking clients, specifically restaurant and café owners in Kuwait who are new to the platform, to benefit from a suite of exclusive banking and digital solutions and perks that support their daily operations, enhance operational efficiency, and boost growth opportunities.

This partnership aligns with Boubyan’s vision to build an integrated corporate banking system that combines banking services, digital solutions, and specialized partnerships, tailored to the needs of SME owners and enabling them to manage their banking transactions easily and around the clock.

The agreement was signed in the presence of Abdullah Al-Majhem, Deputy Chief Executive Officer for Private and Personal Banking at Boubyan, and Max Chew, General Manager of Keta in Kuwait, along with several senior bank executives and company representatives.

Under the partnership, eligible Boubyan corporate banking clients will enjoy a range of benefits, including the Boubyan Visa Business Credit Card, which offers unlimited cashback of up to 1.5% on purchases made with the card, alongside other exclusive perks. The package also includes POS devices and SoftPOS solutions that enable payment acceptance via point-of-sale terminals or using smartphones as POS terminals, as well as the Tip & Tap service, the most innovative, advanced, and secure method for digital tipping.

Through Keta, the bank’s restaurant and café clients will access services that help enhance their reach to customers, including free professional photography for food and beverage menus and priority visibility on the app.

These exclusive benefits are designed to meet the daily operational needs of restaurants and cafes in both in-person and digital channels, providing them with broader opportunities to strengthen their presence through integrated payment, delivery, and platform visibility services.

Commenting on the occasion, Al-Majhem said, “The SME sector plays a vital role in supporting economic activity. Therefore, at Boubyan, we are committed to developing our corporate banking services to keep pace with evolving needs, providing owners with practical solutions that help them manage their businesses efficiently and capitalize on growth opportunities.”

He added that the strategic partnership with Keta reflects the bank’s approach to building strategic relationships with specialized service providers and delivering value aligned with the nature of clients’ businesses and daily needs. He noted that restaurants and cafes are among the sectors experiencing continuous evolution in payment, delivery, and customer engagement methods, making the integration of banking and digital solutions with specialized platform services a key enabler for business owners.

He concluded, “We believe that meaningful partnerships yield impact when they are rooted in a deep understanding of customer needs and seamlessly integrate with the services we offer. In this partnership, Boubyan’s banking and digital solutions converge with Keta’s delivery and app visibility services, providing a comprehensive set of tools to help our restaurant and café clients manage their payments and expand their customer reach.”

Al-Mujahim noted that “Boubyan” carefully selects its partners based on their expertise, standing, and ability to add value for its clients, adding that Kita’s presence in the food delivery market, along with the technological services it offers, enhance the opportunities for restaurant and café owners to benefit from new channels to reach customers and grow their businesses.

He affirmed that “Boubyan” will continue to develop its corporate banking system and collaborate with specialized entities, while reinforcing its role as a banking partner for small and medium-sized enterprises (SMEs). This will be achieved by leveraging its banking expertise and providing financing solutions and digital payment services, thereby enhancing the integration of the system offered to this sector and keeping pace with its evolving needs.

For his part, Max Chew, General Manager of “Kita – Kuwait,” said: “This partnership represents an important step in the company’s journey, as it is the first of its kind in the market between a bank and a delivery platform. It combines Boubyan’s banking expertise with Kita’s delivery and technological capabilities to serve a sector that forms a cornerstone of the local economy.”

He added: “We recognize that restaurant and café owners need more than just a platform to showcase their products; they need a partner who understands the challenges of cash flow and customer acquisition. Therefore, we have designed a comprehensive package for Boubyan’s clients, which includes: weekly settlement into their bank accounts, expanded delivery coverage, priority driver allocation during peak hours, as well as free professional photography of menus and prominent app visibility during the launch week.”

He emphasized that “Kita” continues to invest in the Kuwaiti market and build strategic partnerships with leading institutions, noting that the collaboration with “Boubyan” reflects the banking sector’s confidence in the platform and opens the door to further joint initiatives to support the growth of small and medium-sized enterprises in Kuwait.