HomeWorld NewsIraq's Fintech Growth: International Smart Card Takes Center Stage at Money20/20 USA

Iraq’s Fintech Growth: International Smart Card Takes Center Stage at Money20/20 USA

Bringing Iraq to the Forefront of Fintech: International Smart Card at Money20/20 USA

International Smart Card, the operator of Iraq’s leading digital payments brand, Qi Card, made waves at Money20/20 USA, the world’s premier fintech event held in Las Vegas, Nevada, from October 29, 2025. As the sole representative of Iraq and the broader Middle East, the company showcased the region’s burgeoning digital economy and positioned Iraq on the global fintech stage.

A Record-Breaking Attendance

This year’s Money20/20 USA concerted participation from over 11,000 fintech leaders hailing from 85 countries, a record for the event. Under the bold theme of “Create the Future,” experts and enthusiasts gathered to share innovations and insights, with Qi Card prominently contributing to the discourse on financial technology.

Qi Card’s Digital Payment Innovations

International Smart Card (Qi Card) demonstrated its robust digital payment model, highlighting its contributions to Iraq’s financial infrastructure. With a technology framework that facilitates secure electronic payments, the company has enabled financial access for more than 16 million individuals and supports over 50,000 merchants across Iraq. This expansive outreach underscores Qi Card’s pivotal role in fostering national financial inclusion and modernization.

Collaborations with Global Giants

Building strategic partnerships is at the core of Qi Card’s vision. The company has allied with renowned multinational payment networks, such as Mastercard, Visa, UnionPay, and Ant International. These collaborations not only enhance the service offerings for Qi Card’s users but also ensure seamless, 24/7 support for cardholders.

Constructive Engagements at the Event

During the four dynamic days of the event, the International Smart Card team engaged in important dialogues with US-based tech firms, payments processors, and banking institutions. They explored potential collaborations designed to further promote financial inclusion and modernize Iraq’s payment systems. These discussions were pivotal for raising awareness about the possibilities within Iraq’s digital economy.

Inspiring Posts from Leadership

Ali Muneam, the CEO of International Smart Card, eloquently summarized the company’s mission during the event. He described the participation at Money20/20 USA as an opportunity to showcase Iraq’s rich historical legacy as a hub of science and culture from the 8th to the 13th centuries. Muneam expressed hope that the event would help reshape global perceptions of Iraq as a resurgent leader in financial technology.

A Vibrant Networking Environment

Throughout the event, the Qi Card team was active in networking and setting up side meetings with major fintech companies and tech suppliers. Ahmed Kadhim, the chief investment officer, relished the opportunity to present the modern tech-savvy aspects of Iraq. He remarked on the growing interest from international firms eager to explore collaborations in the region, particularly impressed by Qi Card’s pioneering biometric technology and easy-to-use payment systems.

Engaging Multinational Communities

As a result of their successful engagements, 15 multinational companies have expressed interest in visiting Iraq, aiming to explore possible collaborations with International Smart Card and leverage their innovative payment solutions. This reflects a significant shift in the international community’s viewpoint, recognizing Iraq’s potential as a vibrant player in the fintech arena.

A Vision for Iraq’s Digital Future

In discussing the event’s significance, Hasan Hadi, the chief innovation officer at International Smart Card, conveyed his excitement about the enlightening interactions with global fintech experts. The discussions promised collaborative opportunities that could redefine Iraq’s digital payment infrastructure, ultimately working towards a futuristically-oriented financial landscape.

Building towards a Digital Economy

International Smart Card’s participation in Money20/20 USA is more than just representation; it signifies a commitment to aligning local advancements with global standards. By forging regional partnerships and attracting investment, the company aims to bolster Iraq’s standing in the international fintech space, paving the way for a robust digital future. Through its innovative solutions and dedicated leadership, Qi Card is well on its way to transforming the financial landscape of Iraq and beyond.

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