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- Fintech Surge unites global Fintech leaders, startups and financial centres
Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has entered into a strategic partnership with Dubai World Trade Centre (DWTC) for the first ever edition of Fintech Surge, a new exhibition, conference and meeting point for the Fintech and Financial Services communities, co-located with GITEX GLOBAL 2021.
Fintech Surge will be launched as part of GITEX GLOBAL from 17th-20th October at DWTC, uniting global Fintech leaders, startups and financial centres, and is set to be one of the Middle East and North Africa’s most impactful events for the regional Fintech ecosystem. From digital banking to PayTech, InsurTech, Wealth and Asset Management and RegTech, Fintech Surge will spark dialogue that will shape the regional Fintech space in the coming years.
Fintech Surge comes at an opportune time in the regional industry’s development; the number of FinTech and innovation companies operating out of DIFC reached more than 450, with over 140 new start-ups and FinTechs joining our DIFC Innovation Hub during the first half of 2021.
As well as being one of the world’s most advanced financial centres and the leading financial hub for the Middle East, Africa and South Asia (MEASA) region, DIFC offers one of the region’s most comprehensive Fintech and venture capital environments, including innovative accelerator programmes such as FinTech Hive, the first and largest financial technology accelerator in the MEASA region.
The DIFC Innovation Hub, meanwhile, is home to the largest innovation ecosystem in the region and paves the way for early-stage startups, growth-stage startups, and larger tech firms to accelerate their growth. The Hub is now home to over 60 per cent of FinTech companies based in the GCC and integral to the Dubai Future District of which DIFC and DWTC are the main partners.
Raja Al Mazrouei, Executive Vice President of DIFC FinTech Hive said, “We are delighted to partner with Dubai World Trade Centre for the first edition of Fintech Surge. This event comes at a time when the world is witnessing a revolution in the financial services sector and will provide a platform for FinTech companies to explore significant opportunities for growth. DIFC will remain at the forefront of FinTech in the region and continue to lead the future of finance, providing all the necessary tools to develop the sector, supporting both start-ups and more established tech companies.”
DIFC will deliver the welcome address for the Fintech Surge Digital Banking Summit on 19th October, as well as hosting four mentorship clinics during Fintech Surge. The clinics will give budding FinTech entrepreneurs essential insight that can drive their early-stage growth. DIFC will also be exhibiting during the event to showcase what DIFC can do for FinTech companies seeking to start or scale up in the MEASA region from Dubai.
Trixie LohMirmand, Executive Vice President, Events Management, Dubai World Trade Centre, said, “We are pleased to welcome DIFC as strategic partner for the inaugural edition of Fintech Surge. As the worlds of finance and technology combine to create innovative, disruptive solutions that redefine the status quo, Fintech Surge will drive meaningful thought leadership that can define the regional ecosystem for years to come. We look forward to working with DIFC to create a lasting impact in the FinTech space.”
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About Dubai International Financial Centre
Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and an estimated GDP of USD 7.7 trillion.
With a 17-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.
DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of almost 28,000 professionals working across over 3,200 active registered companies – making up the largest and most diverse pool of industry talent in the region.
The Centre’s vision is to drive the future of finance through cutting edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.
Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.
For further information, please visit our website: www.difc.ae
For media enquiries, please contact:
Omar Nasro
ASDA’A BCW
+9714 4507 600
omar.nasro@bcw-global.com
www.asdaa-bcw.com
www.arabyouthsurvey.com
Tarek Kiwan
Dubai International Financial Centre Authority
Manager, Corporate Communications
+971 4 362 2454
Tarek.kiwan@difc.ae
© Press Release 2021
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