Page 15 - Qi GROUP PR REPORT - JULY & AUGUST 2026

Press Release

The participation also highlighted Qi’s vision for deploying artificial intelligence — not only
to improve the customer experience, but also to strengthen compliance, sharpen fraud,
detection capabilities, automate operations, and develop digital services tailored to the needs
of the Iraqi market.

Bahaa Abdul Hadi, Chairman of Qi, affirmed that this vision extends beyond technology,
saying: “Our goal is to build a more financially inclusive and digitally connected Iraq. Financial
inclusion is not merely a banking service; it is a pillar of economic development and improved
quality of life. Through investment in innovation and global partnerships, we continue to build
a modern digital economy that serves all Iraqis.”

This vision reflects a broader shift underway in Iraq, where digital infrastructure has become a
fundamental enabler of trade, investment, government services, and cross, border transactions,
opening new horizons for the national economy and deepening its integration into the global
economy.

Ali Hussein Munim, CEO of Qi, added: “Our journey was never about building a payments
company; it was about building a fully integrated digital ecosystem. In partnership with
government institutions, financial partners, merchants, and technology providers, we continue
to develop more efficient, higher, impact services that support Iraq’s long, term economic
development.”

Today, Qi’s focus extends well beyond digital payments, expanding into digital commerce,
merchant enablement, financial services, artificial intelligence, and digital infrastructure —
built on the conviction that the future of the economy is not shaped by standalone services, but
by interconnected systems linking people to business, government, and markets.

As Money20/20 Europe 2026 drew to a close, Qi’s delegation carried home more than new
meetings and partnerships, it carried a message: Iraq is no longer watching digital
transformation from a distance. It has become a partner in shaping its future.

At a moment when the world was debating the future of fintech, Iraq was telling a different
story — the story of an economy in transition, national companies building for the future, and
a new generation that sees innovation as the path to development and prosperity.

That, perhaps, was the most important message Qi carried

-Ends-

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