Boubyan Continues to Strengthen Corporate Banking Services Through Strategic Partnership with 'Kita'

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

The partnership enables Boubyan’s corporate banking clients, particularly restaurant and café owners in Kuwait who are registering on the platform for the first time, to benefit from a suite of banking and digital solutions and exclusive perks, thereby supporting their daily operations, enhancing operational efficiency, and boosting growth opportunities.

This partnership aligns with Boubyan’s vision of building an integrated corporate banking ecosystem 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 Bank, and Max Chew, General Manager of Keta in Kuwait, along with several senior executives from the bank and company representatives.

Under the partnership, eligible Boubyan corporate banking clients will enjoy a range of benefits, including the Boubyan Business Visa 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 terminals and SoftPOS solutions, enabling payment acceptance via point-of-sale devices or using smartphones as mobile POS terminals, as well as the Tip & Tap service, the most innovative, advanced, and secure method for digital tipping.

Additional solutions include the Split Bill service, which allows bills to be divided and each share to be settled separately and instantly through the POS device, the ePay service for electronic payment collection, and a digital payment gateway, providing business owners with multiple options for accepting and collecting payments.

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

These exclusive perks are designed to meet the daily operational needs of restaurants and cafés, both in-store and through digital channels, offering them broader opportunities to strengthen their presence via 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 business owners with practical solutions that help them manage their operations 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 cafés are among the sectors experiencing continuous evolution in payment methods, delivery, and customer engagement, making the integration of banking and digital solutions with specialized platform services a key enabler for business owners.

He clarified, “We believe that strategic partnerships deliver their impact when they are rooted in a deep understanding of customer needs and are integrated with the services we provide. In this partnership, Bayan’s banking and digital solutions converge with Kita’s delivery services to enhance the presence of our restaurant and café clients on the app, providing a suite of tools that help them manage their payments and expand their reach to customers.”

Al-Majhem pointed out that Bayan carefully selects its partners based on their expertise, reputation, and ability to add value to its customers. He added that Kita’s presence in the food delivery market, along with the technological services it offers, strengthens opportunities for restaurant and café owners to leverage new channels to reach customers and grow their businesses.

He affirmed that Bayan will continue to develop its corporate banking ecosystem 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 in Kuwait, said, “This partnership represents a significant step in Kita’s journey in Kuwait. It is the first of its kind in the market between a bank and a delivery platform, combining Bayan’s banking expertise with Kita’s capabilities in delivery and technology 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 require a partner who understands the challenges of cash flow and customer acquisition. Therefore, we have designed a comprehensive package for Bayan’s customers, including weekly settlement into their bank accounts, expanded delivery reach, priority driver allocation during peak hours, as well as free professional menu photography 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 Bayan reflects the banking sector’s confidence in the platform and opens the door to further joint initiatives to support the growth of SMEs in Kuwait.