FinTech Hive deepens global access with 10 landmark pacts

   2018-11-03 18:11

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DUBAI / WAM



Dubai International Financial Centre (DIFC) has strengthened its position as Measa’s number one fintech hub and one of the world’s top 10 FinTech hubs with a series of landmark agreements between FinTech Hive at DIFC and global Fintech accelerators.
FinTech Hive at DIFC, the first and largest financial technology accelerator in the Measa region, has signed more than 10 significant Memoranda of Understanding (MoU) with leading FinTech institutions around the world. These include Accenture’s global FinTech Innovation Labs in New York, London and Hong Kong, iE5 in London, SuperCharger in Hong Kong and Kuala Lumpur, LATTICE80 in London and Singapore, DICE FinTech Ace in Mumbai, Finance Innovation and Le Swave in Paris, B-Hive in Brussels, Holland FinTech and Bahrain Fintech Bay.
As part of the MoUs, FinTech Hive and institutions will share knowledge and explore opportunities to facilitate global fintech access to and from the Measa, foster a venture capital ecosystem in the region and promote their innovation programmes across each global market.
Raja Al Mazrouei, Executive Vice President, FinTech Hive at DIFC, said, “These MoUs signal DIFC’s commitment to global fintech outreach and re-emphasise our ambition to shape the future of finance. These collaborations will benefit startups, entrepreneurs and large established entities by enhancing access to investment, unlocking business opportunities and engaging new audiences and innovative products or ideas.”


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