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Dubai International Financial Center (DIFC) is a leading global financial center in the Middle East, Africa and South Asia (MEASA). It has established a strategic partnership with Dubai World Trade Center (DWTC) to host the first wave of financial technology, financial technology and financial services The community’s new exhibitions, conferences and meeting points are located at the same location as GITEX GLOBAL 2021.
Fintech Surge will be launched as part of GITEX GLOBAL on the 17thday-20day Held at DWTC in October, it will unite global fintech leaders, startups and financial centers, and will become one of the most influential events in the fintech ecosystem in the Middle East and North Africa. From digital banking to payment technology, insurance technology, wealth and asset management, and regulatory technology, the wave of fintech will trigger dialogue and shape the regional fintech space in the next few years.
The fintech boom coincides with a good time for regional industry development; in the first half of 2021, the number of fintech and innovation companies operating in DIFC reached more than 450, and more than 140 new start-ups and fintech companies have joined our DIFC innovation center.
As one of the most advanced financial centers in the world and a leading financial center in the Middle East, Africa and South Asia (MEASA) region, DIFC also provides one of the most comprehensive financial technology and venture capital environments in the region, including innovation accelerator programs, such as FinTech Hive, the first and largest financial technology accelerator in the MEASA region.
At the same time, the DIFC Innovation Center has the largest innovation ecosystem in the region, paving the way for the accelerated development of early-stage startups, growth-stage startups, and large technology companies. The center now has more than 60% of the financial technology companies located in the Gulf Cooperation Council and is an integral part of Dubai’s future district. DIFC and DWTC are the main partners.
Raja Al Mazrouei, Executive Vice President of DIFC FinTech HiveSaid: “We are very happy to cooperate with the Dubai World Trade Center to host the first wave of financial technology. This event comes at a time when the world is witnessing the revolution in the financial services industry and will provide a platform for financial technology companies to explore important growth opportunities. DIFC We will continue to be at the forefront of financial technology in the region and continue to lead the future of finance, providing all the necessary tools for the development of the industry, and supporting start-ups and more mature technology companies.”
DIFC will deliver a welcome speech for the Fintech Surge Digital Banking Summit on the 19thday In October, four tutorial classes were held during Fintech Surge. These clinics will provide up-and-coming fintech entrepreneurs with important insights to drive their early development. DIFC will also participate during the event to showcase what DIFC can do for fintech companies seeking to start or expand in Dubai’s MEASA area.
Trixie LohMirmand, Executive Vice President, Event Management, Dubai World Trade Center, Said: “We are very pleased to welcome DIFC as a strategic partner of the first edition of Fintech Surge. As the financial and technological fields combine to create innovative and disruptive solutions that redefine the status quo, the Fintech wave will promote meaningful thought leadership Power can define the regional ecosystem in the next few years. We look forward to working with DIFC to have a lasting impact in the field of financial technology.”
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