DIFC has joined Fintech Surge as a strategic partner for the launch edition. Dubai International Financial Centre (DIFC), the global financial center in the Middle East, Africa, and South Asia (MEASA) region, has formed a strategic partnership with Dubai World Trade Centre (DWTC) for the inaugural edition of Fintech Surge, a new exhibition, conference, and meeting place for the Fintech and Financial Services communities, which will be held in conjunction with GITEX GLOBAL 2021.
Fintech Surge, which will take place at DWTC from the 17th to the 20th of October as part of GITEX GLOBAL, will bring together global Fintech leaders, startups, and financial centres, and is expected to be one of the most influential events in the Middle East and North Africa’s Fintech ecosystem. Fintech Surge will stimulate debate that will influence the regional Fintech industry in the future years, from digital banking to PayTech, InsurTech, Wealth & Asset Management, and RegTech.
The Fintech Surge comes at a critical juncture in the development of the regional industry; the number of FinTech and innovation businesses operating out of DIFC has surpassed 450, with over 140 new start-ups and FinTechs joining our DIFC Innovation Hub during the first half of 2021.
DIFC, in addition to being one of the world’s most advanced financial centres and the region’s leading financial hub, offers one of the region’s most comprehensive Fintech and venture capital environments, including innovative accelerator programmes like FinTech Hive, the MEASA region’s first and largest financial technology accelerator.
Meanwhile, the DIFC Innovation Hub is home to the region’s largest innovation ecosystem, which helps early-stage companies, growth-stage businesses, and bigger tech firms accelerate their expansion. The Hub is now home to over 60% of FinTech companies in the GCC and is an important part of the Dubai Future District, which is led by DIFC and DWTC.
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.”
On the 19th of October, DIFC will offer the keynote talk at the Fintech Surge Digital Banking Summit, as well as host four mentorship clinics. The clinics will provide crucial information to aspiring FinTech entrepreneurs, allowing them to accelerate their early-stage growth. During the event, DIFC will also be presenting to show what it can do for FinTech firms looking to start or expand 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.”