DIFC FinTech Hive, the financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, has been named one of \u2018World\u2019s Best Innovation Labs\u2019 by Global Finance for 2021.<\/p>\n\n\n\n
Now in its fourth year, the annual report on the leading players and emerging trends in FinTech innovation is one of the most credible references in the industry, assessing labs run by banks, governments<\/a>, venture capitalists, NGOs,<\/a> and universities across the world.<\/p>\n\n\n\n Commenting on this milestone, Raja Al Mazrouei, Executive Vice President of DIFC FinTech Hive<\/strong>, said: \u201cIt is an honour that Global Finance recognises DIFC FinTech Hive\u2019s work in FinTech innovation including us on the list of the World\u2019s Best Innovation Labs in 2021. This accolade is a testament to our commitment in bringing together the best partners, the best minds and the best technologies under one roof to drive forward the digital revolution, not just in Dubai, but across the wider region.\u201d<\/p>\n\n\n\n “We are looking at taking FinTech Hive to the next level and have planned a full pipeline of initiatives to attract even more world-class players in the financial sector. Being identified as amongst the world\u2019s best innovation labs will support our efforts in delivering the future of finance,\u201d \u00a0added Al Mazrouei.<\/strong><\/p>\n\n\n\n To date, DIFC FinTech Hive has already raised US$ 300 million in funds, created hundreds of jobs and supported over 100 startups across the region.<\/p>\n\n\n\n DIFC FinTech Hive is committed to supporting businesses in FinTech, InsurTech, RegTech and Islamic FinTech, looking to capitalise on untapped opportunities for multi-faceted growth.<\/p>\n","protected":false},"excerpt":{"rendered":" The Global Finance recognises DIFC FinTech Hive\u2019s work in FinTech innovation and markes on the list of the World\u2019s Best Innovation Labs in 2021. This accolade is a testament of commitment in bringing together best partners, best minds and best technologies under one roof to drive forward the digital revolution, not just in Dubai, but across the wider region.<\/p>\n","protected":false},"author":8,"featured_media":33228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[9639,9621],"tags":[3706,352,4327],"contributor":[],"class_list":["post-33225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-emerging-technologies","category-emerging-technologies","tag-difc-fintech-hive","tag-government","tag-ngos"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2021\/06\/DIFC-FinTech-Hive-Global-Finances-World-Best-Innovation-Labs-techxmedia.jpg","author_info":{"display_name":"Rabab","author_link":"https:\/\/techxmedia.com\/en\/author\/rabab\/"},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t