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Monday, June 24, 2024

“DIFC Innovation Hub Wraps Up ‘Investor Day’ Securing Over $600 Million in Funding”

The DIFC Innovation Hub, host to the MEASA region’s leading financial technology accelerator, culminates its annual Investor Day with a notable gathering of over 500 attendees. Key figures from the investor community and finalists from the renowned FinTech Accelerator Programme and AccelerateHer take center stage.

Leadership Engagement

Essa Kazim, Governor, DIFC, and Arif Amiri, CEO, DIFC Authority, actively participate, highlighting the event’s significance and reinforcing the Hub’s commitment to fostering innovation.

Transformative Keynote: Investor Day’

CEO Mohammad AlBlooshi opens the event, spotlighting the outstanding success of the FinTech Accelerator Programme. Over 200 start-ups have graduated, collectively securing a remarkable $600 million in funding. The 2023 cohort witnesses record-breaking participation and success.

Panel Discussion on Regional Tech Investment Trends

Industry leaders, including Sharif Elbadawi and Khaled Talhouni, engage in a panel discussion, shedding light on the “Future of Investment: Tech Investment Trends in the Region,” moderated by Saqr Ereiqat. The discourse explores key trends shaping technology investment.

Graduation Milestones

The event serves as a graduation day for 19 start-ups from the FinTech Accelerator Programme, showcasing over 20 proof-of-concepts, and 10 women professionals from AccelerateHer. These graduates present their business plans, reflecting enhanced skills and mentorship from regional financial institutions.

Endorsements and Support

AccelerateHer participants receive endorsement and mentorship from Dubai Islamic Bank, while the FinTech Accelerator Programme garners support from institutions like ADIB, ADNIC, Emirates NBD, EPG, HSBC, MCB, Visa, and Zurich.

DIFC’s Thriving Ecosystem

DIFC stands as a thriving hub for over 800 FinTech and Innovation companies, with notable success stories such as Norbloc, Sarwa, Tarabut Gateway, and Zywa emerging from the Innovation Hub’s accelerator programs.

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