Fintech Surge welcomes DIFC as strategic partner for launch editionPress Release 06 Oct 2021 03:00 pm
- First edition of Fintech Surge to be hosted as part of GITEX GLOBAL 2021 at Dubai World Trade Centre
- Fintech Surge unites global Fintech leaders, startups and financial centres
Dubai, UAE; 06 October 2021: 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. 60 per cent of the GCC’s FinTech and innovation companies are based in DIFC.
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% 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.”
We are delighted to partner with Dubai World Trade Centre for the first edition of Fintech Surge. 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,” Raja Al Mazrouei, Executive Vice President of DIFC FinTech Hive