Dubai FinTech Summit to return with its 2nd edition this May

By Shilpa Annie Joseph, Official Reporter
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Dubai FinTech Summit to take place on May
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Dubai’s financial landscape is gearing up for an exciting event as the second edition of the Dubai FinTech Summit prepares to kick off from May 6th to 7th at Madinat Jumeirah, under the patronage of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance of the UAE, and President of DIFC.

Organized by the Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, Dubai FinTech 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.

Dubai FinTech Summit will offer a platform for start-ups, investors, and industry leaders to connect and capitalize on the growing FinTech market in the region and beyond.

The MENA region’s FinTech startup and venture capital landscape is booming, with over 800 FinTech startups worth $15.5 billion, according to data by dealroom.co.

Dubai FinTech Summit Key Themes

Reflecting the ongoing transformation in the financial sector driven by Innovation, Inclusion, and Impact, the major themes this year will be Finance Renaissance, Ecofinance and Impact, Investment Vanguard, Regulatory Frameworks, Global Financial Dynamics, and FinTech 2.0.

Mohammad Alblooshi_Webidoo MEA headquarters at DIFC
Mohammad Alblooshi
CEO
DIFC Innovation Hub

“Nearly 60 percent 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.”

Highlights of Dubai FinTech Summit

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 $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.

In line with the D33 Agenda to position Dubai as the top four global financial hub by 2033, the 2nd 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.

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 Memorandum of Understandings were signed with global financial leaders during the Summit.

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