Ooredoo Maldives’ Chief Commercial Officer, Hussain Niyaz, has described digital finance as a major driver of economic inclusion across the Maldives, particularly for communities outside the capital. Speaking at the Maldives Monetary Authority’s conference panel on “Rethinking Economic Growth Beyond Tourism,” he said that fintech solutions are opening new pathways for freelancers, small businesses, and creative workers throughout the islands.
Niyaz noted that digital finance has become one of the most effective tools for linking geographically dispersed communities to global markets. He highlighted the upcoming integration of m-Faisaa with PayPal, which is expected to make it easier for Maldivians to access international payments and income sources. According to him, this shift could be especially valuable for freelancers, artisans, guesthouses, and small merchants seeking to expand their reach.
However, he also pointed to ongoing challenges, including high infrastructure costs, digital skill gaps, and fragmented systems. He said that addressing these issues will require collaboration between government, regulators, and private-sector partners to strengthen connectivity and expand digital tools nationwide.
During the session, he emphasised that successful digital transformation relies on people as much as technology, noting that communities willing to adapt and engage will play a central role in shaping the country’s digital future.
Ooredoo Maldives reaffirmed its commitment to developing digital platforms, supporting financial inclusion, and working with partners across sectors to build a more resilient and diverse economy.
