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Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, recently partnered with DIFC to host a “speed meeting” session that convened some of the world’s most promising fintech companies.
The event took place at ADIB’s Simple Lab and provided the participating FinTechs with an opportunity to outline and pitch their proposition to ADIB management and decision makers representing several areas across the bank. It also included a series of one-on-one speed meeting sessions with the aim of stimulating exchange of ideas and potential collaboration on creating impactful solutions to enhance ADIB’s digital offering.
Commenting on the event, Serhat Yildirim, Chief Digital Officer at ADIB said, “ADIB is a firm believer in the tremendous potential of innovation in redefining the banking experiences of our customers. Hosting this event allows us to explore emerging and disruptive financial technologies to help us keep pace and anticipate evolving client needs.”
ADIB is an active supporter of the DIFC FinTech Hive, an accelerator programme established by the Dubai International Finance Centre to drive the development and growth of the FinTech ecosystem in the UAE.
This 3rd cycle of the programme shortlisted 19 finalists from over 400 applicants covering Fintech, Regulation Tech, and Islamic Fintech, and representing the United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, United Kingdom, United States, Malaysia, and Singapore.
ADIB has embarked on a progressive digital transformation programme that includes the ADIB Simple Lab, a modern and collaborative workspace for our innovation team, as well as a network of FinTechs, digital start-ups, and innovators with the aim of creating transformative banking and finance solutions. Through the ADIB Simple Lab, the bank has launched several intuitive Sharia'a-compliant digital products including “Express Finance” via the mobile app, which provides qualifying customers with instant access to personal finance in as little as 30 minutes.
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About ADIB
ADIB is a leading bank in the UAE with more than AED 124.7 billion in assets. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking and wealth management solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX).
ADIB has presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan and Iraq.
Named World’s Best Islamic Bank by The Financial Times’ The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Etihad and Etisalat and a wide range of financing products.
For media information, please visit www.adib.ae or contact:
ADIB Brunswick Group
Radwa Shehab Sarah Abdelbary
Head of External Communications Account Director
Direct: +971 2 6910169 Direct: +971 2 234 4600
Mobile: +971504734482 Mobile: +971561748649
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