Tarabut Gateway hires Chun Ong as COO

MENA-based Open Banking platform Tarabut Gateway has added to its senior leadership team with the appointment of Chun Ong as chief operating officer.

In his new role, Ong will lead the platform’s operations as it continues to expand across jurisdictions.

The new hire follows Tarabut Gateway’s recent appointment of two new vice presidents in customer success and engineering.

Ong joins from Molo, a digital mortgage lender, where he was chief operating officer, according to his LinkedIn profile.

Tarabut Gateway COO Chun Ong

Prior to that, he was vice president of customer insights and operations at UK fintech WorldRemit, where he set up, scaled and led the company’s business analytics and global operations teams.

Ong has also worked at Wise, PayPal and The Boston Consulting Group.

Abdulla Almoayed, chief executive officer of Tarabut Gateway, said: “We are thrilled to welcome Chun to our rapidly expanding team. His extensive experience in optimising operations and strengthening fintech teams on a global scale makes him an invaluable addition to our leadership.

“With Tarabut Gateway’s continued growth in the Middle East, we are committed to building a team of innovators and experts to ensure an exceptional customer experience.”

Ong added: “I am thrilled to join Tarabut Gateway, a leader in Open Banking in the MENA region.

“I look forward to working with the team to drive operational excellence, maintain the company’s collaborative culture, and deliver innovative solutions to our clients.”

Tarabut Gateway provides the infrastructure for Open Banking ecosystems in countries including the UAE, Saudi Arabia, and Bahrain.

Traditional financial institutions and fintechs can use its solutions to connect and build their own apps in tandem with Tarabut Gateway’s platform, powering payment services and digital wallets.

Earlier this year, Tarabut Gateway formed a fintech partnership with Tamam, a Shariah-compliant micro-lending service provider based in Saudi Arabia.