Dubai International Financial Centre to host a Global FinTech Summit

Dubai International Financial Centre to host a Global FinTech Summit

DUBAI, UAE, Nov. 7, 2022 /PRNewswire/ — His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Key Minister and Minister of Finance of the UAE, and President of DIFC, has declared the launch of the Dubai FinTech Summit, a international party that will deliver with each other much more than 5,000 industry experts, considered leaders, policymakers and selection-makers in Dubai to examine how they can shape a new wave of innovation, enterprise and progress for the intercontinental monetary business.

To be organised by the Dubai International Fiscal Centre (DIFC), Dubai FinTech Summit will choose area on 8 and 9 May well 2023 in Dubai. The occasion will see some of the world’s most important personalities in the sector offering keynote presentations, sharing their views on market problems and identifying possibilities to maximise the impression of FinTech for folks, corporations and economies.

Household to the region’s largest cluster of FinTech and Innovation corporations, DIFC is one of the brightest growth spots in the international FinTech industry valued at far more than $135.9 billion in 2021. The worldwide industry is envisioned to expand at a CAGR of 11.9% amongst 2022-2027 to access a benefit of over $266.9 billion by 2027.1

His Excellency Essa Kazim, Governor of DIFC, mentioned: “The Dubai FinTech Summit will deliver jointly concepts, understanding and perspectives that can assist unlock a new period of exponential advancement for the world-wide financial sector and FinTech in the Global Financial system. DIFC will leverage the platform made available by the Summit to deliver jointly banking companies, FinTechs and regulators from across the earth to further more stimulate the electronic improvement of the financial sector.

We presently have more than 600 FinTech and innovation corporations in DIFC who are modifying the facial area of the industry and contributing to the economic development of our region. The 23% growth that DIFC’s FinTech local community saw in the very first 50 % of this calendar year is a testomony to the dynamic growth-pleasant platform that we offer you monetary organizations from across the earth.”

The Summit’s programme will characteristic in-depth conversations across crucial tracks together with the long term of FinTech, embedded and Open Finance, sustainability, Net 3. and digital assets. The Summit will also supply an possibility for extra than 100 FinTechs and Long term of Finance players to exhibit their most current engineering and innovations.

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