HomeBlockchainFinTech Funding Continues to Surge as Second Version of Dubai FinTech Summit...

FinTech Funding Continues to Surge as Second Version of Dubai FinTech Summit Commences – Blockchain Information Web site

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  • Dubai FinTech Summit to happen 6 – 7 Could at Madinat Jumeirah.
  • 2nd version of the summit will deliver collectively over 8,000 decision-makers, over 300 thought leaders throughout 5 phases and greater than 200 exhibitors showcasing cutting-edge applied sciences.
  • FinTech panorama is booming with over 800 FinTech start-ups price USD 15.5bn.

Dubai, UAE, third Could 2024, ZEX PR WIREFor the second consecutive 12 months, Dubai will stay within the highlight because it hosts the second version of Dubai FinTech Summit, beneath the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE and President of DIFC, which is about to happen on 6-7 Could at Madinat Jumeirah.

Organised by Dubai Worldwide Monetary Centre (DIFC), the main world monetary hub within the Center East, Africa and South Asia (MEASA) area, the Summit will deliver collectively 8,000 decision-makers, over 300 thought leaders and greater than 200 exhibitors to debate the newest improvements and challenges and showcase cutting-edge applied sciences.

The worldwide FinTech sector is quickly rising and is predicted to be valued at USD 608bn globally by 2029, in accordance with Mordor Intelligence, a market intelligence and advisory agency. Bucking the downward world market development, the MENA FinTech market is anticipated to register a CAGR of over eight per cent throughout the interval 2024 to 2029.

Dubai FinTech Summit will provide a platform for start-ups, traders and business leaders to attach and capitalise on the rising FinTech market within the area and past. The MENA area’s FinTech start-up and enterprise capital panorama is booming, with over 800 FinTech start-ups price USD15.5 bn, in accordance with information by dealroom.co. Reflecting the continuing transformation within the monetary sector pushed by Innovation, Inclusion, and Impression, the important thing themes this 12 months will likely be Finance Renaissance, Ecofinance and Impression, Funding Vanguard, Regulatory Frameworks, International Monetary Dynamics and FinTech 2.0.

Mohammad Alblooshi, CEO at DIFC Innovation Hub, stated: “Nearly 60 per cent of all FinTech companies in the GCC are currently based in Dubai. With the industry growing at an unprecedented rate, it is crucial for stakeholders to gather and discuss the challenges and opportunities that lie ahead. The Dubai FinTech Summit will bring together the most prominent figures in the industry, with an agenda that is aimed at driving innovation, inclusivity, and growth for all.”

With a formidable line-up of distinguished native and worldwide audio system, the Dubai FinTech Summit will host a sequence of panel discussions and hearth chats. Greater than 20 governors of economic establishments will attend the summit this 12 months, amongst them, H.E. Essa Kazim, Governor, DIFC, UAE; H.E. Fahad M. Alturki, Ph.D. Director Normal Chairman of the Board, Arab Financial Fund, H.E. Dr. György H Matolcsy, Governor, Magyar Nemzeti Financial institution, The Central Financial institution of Hungary; will take part in discussions throughout the two-day occasion. Nic Dreckman, CEO of Financial institution Julius Baer & Co.; Yie-Hsin Hung, President & CEO of State Road International Advisors, together with many different world business leaders can even be taking part within the varied classes deliberate for the Summit. Notable native audio system embrace H.E. Abdullah bin Touq Al Marri, Cupboard Member & UAE Minister of Economic system; H.E. Helal Saeed Al Marri, Director Normal, Division of Economic system and Tourism, Dubai; H.E. Salem Humaid Al Marri, Director Normal, Mohammed Bin Rashid House Centre, UAE; and H.E. Faisal Belhoul, Vice Chairman of the Dubai Chamber, Chairman of J&F Holding.

A key spotlight of the Dubai FinTech Summit would be the Grand Finale of the FinTech World Cup (FWC). The champions of the FinTech World Cup will likely be introduced on Day 2 of the summit with the winners securing an funding of as much as USD 1 million. The competitors is a growth-enabling initiative by DFS designed to encourage cross-border collaboration and stellar innovation, pivotal to reworking the worldwide FinTech sector.

Consistent with the D33 Agenda to place Dubai as the highest 4 world monetary hub by 2033, the twond version of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to reworking the worldwide FinTech sector. It presents a singular alternative to discover rising FinTech traits and their potential to drive monetary progress within the MEASA area.

The inaugural Dubai FinTech Summit attracted over 5,000 C-suite leaders from over 90 international locations together with north of 1,000 traders and greater than 150 audio system. Over 20 Memorandums of Understanding have been signed with world monetary leaders throughout the Summit.

The twond version of the Dubai FinTech Summit is supported by:

Founding Associate & Co-Host – VISA

Founding Associate & Powered by – e&

Founding Associate & Premium Banking Associate – Emirates NBD

Founding Associate & Strategic Banking Associate – Industrial Financial institution of Dubai

Powered By – Dyna.Ai

Strategic Enterprise Associate – SC Ventures

Lead Sponsor – Finvasia

Nation Pavilion Associate – Seoul Authorities

Diamond Sponsor – Mashreq

Platinum Sponsors – Ripple, Deloitte, Pay10, Nasdaq, Mastercard, Bitpanda

Official English Information Associate – The Nationwide

Arabic Broadcast Associate – Sky Information Arabia

Arabic Enterprise Information Media Associate – CNN Enterprise Arabic

Editorial Associate – Bloomberg

Regional Enterprise Media Associate – Asharq Bloomberg

Enterprise Broadcast Associate – CNBC Arabia

Official Radio Associate – Dubai Eye 103.8

Ecosystem Associate – Entrepreneur Center East

Most important Media Associate – Emirates Information Company – WAM

Official Newspaper Associate – The FinTech Instances

Official Enterprise Information Associate – CITY A.M.

Official Journal Associate – Finance World Journal

Official Media Companions – Arabian Enterprise, Finance Center East

Official Digital Journal Associate – RASMAL

Official Content material Distribution Associate – ZEX PR Wire

Official OOH Associate – ELEVISION

About Dubai FinTech Summit

Dubai FinTech Summit is an annual mega occasion organised by the Dubai Worldwide Monetary Centre (DIFC), the main world monetary centre within the Center East, Africa and South Asia (MEASA) area. The twond version of the Dubai FinTech Summit will deliver collectively over 8,000+ world business leaders, 1,500+ traders and coverage makers, signalling elevated urge for food for progress alternatives within the area.

Dubai FinTech Summit indicators new wave of economic innovation, alternative, transformation, and progress for the worldwide monetary providers sector.  As a rising FinTech hub, Dubai can also be spearheading the evolution of the monetary providers business, with investments in FinTech projected to develop by 17.2 per cent CAGR to USD949 bn from 2022 to 2030. The summit aligns with the Dubai Financial Agenda D33’s strategic objective of propelling Dubai into the ranks of the highest 4 world monetary hubs by 2033.

The expanded programme of Dubai FinTech Summit is about to exceed expectations by delving into key tracks, together with the way forward for FinTech, embedded and Open Finance, local weather finance, Web3 and digital belongings. The summit stands as a thought leadership-driven platform, addressing business challenges head-on and championing innovation.

To register for the occasion, go to www.dubaifintechsummit.com.

Guests should purchase tickets for the Dubai FinTech Summit 2024.

For additional inquiries, please contact:

Shadi Dawi

Director of PR & Strategic Partnerships

Trescon International

Cell: +971 55 498 4989

shadi@tresconglobal.com

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