Dubai, UAE, 3rd May 2024, ZEX PR WIRE<\/a>,\u00a0<\/strong>For the second consecutive year, Dubai will remain in the spotlight as it hosts the second edition of Dubai FinTech Summit<\/a>, under 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 set to take place on 6-7 May at Madinat Jumeirah.<\/p>\n

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Organised by Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, the Summit will bring together 8,000 decision-makers, over 300 thought leaders and more than 200 exhibitors to discuss the latest innovations and challenges and showcase cutting-edge technologies.<\/p>\n

The global FinTech sector is rapidly growing and is predicted to be valued at USD 608bn globally by 2029, according to Mordor Intelligence, a market intelligence and advisory firm. Bucking the downward global market trend, the MENA FinTech market is expected to register a CAGR of over eight per cent during the period 2024 to 2029.<\/p>\n

Dubai FinTech Summit will offer a platform for start-ups, investors and industry leaders to connect and capitalise on the growing FinTech market in the region and beyond. The MENA region\u2019s FinTech start-up and venture capital landscape is booming, with over 800 FinTech start-ups worth USD15.5 bn, according to data by dealroom.co. Reflecting the ongoing transformation in the financial sector driven by Innovation, Inclusion, and Impact, the key themes this year will be Finance Renaissance, Ecofinance and Impact, Investment Vanguard, Regulatory Frameworks, Global Financial Dynamics and FinTech 2.0.<\/p>\n

Mohammad Alblooshi, CEO at DIFC Innovation Hub, <\/strong>said: \u201cNearly 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.\u201d<\/p>\n

With an impressive line-up of distinguished local and international speakers, the Dubai FinTech Summit will host a series of panel discussions and fireside chats. More than 20 governors of financial institutions will attend the summit this year, amongst them, H.E. Essa Kazim, Governor, DIFC, UAE; H.E. Fahad M. Alturki, Ph.D. Director General Chairman of the Board, Arab Monetary Fund, H.E. Dr. Gy\u00f6rgy H Matolcsy, Governor, Magyar Nemzeti Bank, The Central Bank of Hungary; will participate in discussions during the two-day event. Nic Dreckman, CEO of Bank Julius Baer & Co.; Yie-Hsin Hung, President & CEO of State Street Global Advisors, along with many other global industry leaders will also be participating in the various sessions planned for the Summit. Notable local speakers include H.E. Abdullah bin Touq Al Marri, Cabinet Member & UAE Minister of Economy; H.E. Helal Saeed Al Marri, Director General, Department of Economy and Tourism, Dubai; H.E. Salem Humaid Al Marri, Director General, Mohammed Bin Rashid Space Centre, UAE; and H.E. Faisal Belhoul, Vice Chairman of the Dubai Chamber, Chairman of J&F Holding.<\/p>\n

A key highlight of the Dubai FinTech Summit will be the Grand Finale of the FinTech World Cup (FWC). The champions of the FinTech World Cup will be announced on Day 2 of the summit with the winners securing an investment of up to USD 1 million. The competition is a growth-enabling initiative by DFS designed to encourage cross-border collaboration and stellar innovation, pivotal to transforming the global FinTech sector.<\/p>\n

In line with the D33 Agenda to position Dubai as the top four global financial hub by 2033, the 2^{nd<\/sup> edition of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to transforming the global FinTech sector. It presents a unique opportunity to explore emerging FinTech trends and their potential to drive financial progress in the MEASA region.<\/p>\n}

The inaugural Dubai FinTech Summit attracted over 5,000 C-suite leaders from over 90 countries including north of 1,000 investors and more than 150 speakers. Over 20 Memorandums of Understanding were signed with global financial leaders during the Summit.<\/p>\n

The 2^{nd<\/sup> edition of the Dubai FinTech Summit is supported by:<\/strong><\/p>\n}

Founding Partner & Co-Host \u2013 VISA<\/p>\n

Founding Partner & Powered by \u2013 e&<\/p>\n

Founding Partner & Premium Banking Partner \u2013 Emirates NBD<\/p>\n

Founding Partner & Strategic Banking Partner \u2013 Commercial Bank of Dubai<\/p>\n

Powered By \u2013 Dyna.Ai<\/p>\n

Strategic Venture Partner \u2013 SC Ventures<\/p>\n

Lead Sponsor \u2013 Finvasia<\/p>\n

Country Pavilion Partner \u2013 Seoul Government<\/p>\n

Diamond Sponsor \u2013 Mashreq<\/p>\n

Platinum Sponsors \u2013 Ripple, Deloitte, Pay10, Nasdaq, Mastercard, Bitpanda<\/p>\n

Official English News Partner \u2013 The National<\/p>\n

Arabic Broadcast Partner \u2013 Sky News Arabia<\/p>\n

Arabic Business News Media Partner \u2013 CNN Business Arabic<\/p>\n

Editorial Partner \u2013 Bloomberg<\/p>\n

Regional Business Media Partner \u2013 Asharq Bloomberg<\/p>\n

Business Broadcast Partner \u2013 CNBC Arabia<\/p>\n

Official Radio Partner \u2013 Dubai Eye 103.8<\/p>\n

Ecosystem Partner \u2013 Entrepreneur Middle East<\/p>\n

Main Media Partner \u2013 Emirates News Agency \u2013 WAM<\/p>\n

Official Newspaper Partner \u2013 The FinTech Times<\/p>\n

Official Business News Partner \u2013 CITY A.M.<\/p>\n

Official Magazine Partner \u2013 Finance World Magazine<\/p>\n

Official Media Partners \u2013 Arabian Business, Finance Middle East<\/p>\n

Official Digital Magazine Partner \u2013 RASMAL<\/p>\n

Official Content Distribution Partner \u2013 ZEX PR Wire<\/p>\n

Official OOH Partner \u2013 ELEVISION<\/p>\n

About Dubai FinTech Summit<\/strong><\/p>\n

Dubai FinTech Summit is an annual mega event organised by the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The 2^{nd<\/sup> edition of the Dubai FinTech Summit will bring together over 8,000+ global industry leaders, 1,500+ investors and policy makers, signalling increased appetite for growth opportunities in the region.<\/p>\n}

Dubai FinTech Summit signals new wave of financial innovation, opportunity, transformation, and growth for the international financial services sector.\u00a0 As a rising FinTech hub, Dubai is also spearheading the evolution of the financial services industry, with investments in FinTech projected to grow by 17.2 per cent CAGR to USD949 bn from 2022 to 2030. The summit aligns with the Dubai Economic Agenda D33\u2019s strategic goal of propelling Dubai into the ranks of the top four global financial hubs by 2033.<\/p>\n

The expanded programme of Dubai FinTech Summit is set to exceed expectations by delving into key tracks, including the future of FinTech, embedded and Open Finance, climate finance, Web3 and digital assets. The summit stands as a thought leadership-driven platform, addressing industry challenges head-on and championing innovation.<\/p>\n

To register for the event, visit www.dubaifintechsummit.com<\/a>.<\/p>\n

Visitors can purchase <\/strong>tickets<\/strong><\/a> for the Dubai FinTech Summit 2024.<\/strong><\/p>\n

For further inquiries, please contact: <\/strong><\/p>\n

Shadi Dawi<\/p>\n

Director of PR & Strategic Partnerships<\/p>\n

Trescon Global<\/p>\n

Mobile: +971 55 498 4989<\/p>\n

shadi@tresconglobal.com<\/a><\/p>\n<\/div>\n<\/div>\n

\nThe Post FinTech Funding Continues to Surge as Second Edition of Dubai FinTech Summit Commences\t<\/a> first appeared on ZEX PR Wire<\/a> <\/p>\n<\/div>\n

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Dubai FinTech Summit to take place 6 \u2013 7 May at Madinat Jumeirah. 2nd edition of the summit will bring together over 8,000 decision-makers, over 300 thought leaders across five stages and more than 200 exhibitors showcasing cutting-edge technologies. FinTech landscape is booming with over 800 FinTech start-ups worth USD 15.5bn. Dubai, UAE, 3rd May […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-9514","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news"},"_links":{"self":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/9514"}],"collection":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/comments?post=9514"}],"version-history":[{"count":0,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/9514\/revisions"}],"wp:attachment":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/media?parent=9514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/categories?post=9514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/tags?post=9514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}