The award recognizes QFIL’s contribution to providing disruptive fintech solutions, by identifying and bridging an unmet financial investment gap for millennials and Gen-Z.
The hotly contested and competitive category was part of 25 awards presented to other industry startups that made an impact in their niche within the fintech industry.
Dubai – UAE: AI-powered fintech startup – QFIL Solutions was named ‘Fintech Startup of the Year’ at this year’s Entrepreneur Middle East’s Leaders in Fintech Awards.
The award recognizes QFIL’s efforts and contribution to identifying the needs of an unmet financial investment gap in the ecosystem, by providing disruptive fintech solutions to a broad underserved market of millennials and Gen-Z known to lose as close to 80% of their trading investments .
As a startup initiating a disruptive movement in the finance and technology landscape, modern investors can leverage cutting-edge AI-powered solutions offered through QFIL’s products to make more successful investment choices.
The invitation-only event was held to give prominence to the MENA region’s fast-growing fintech industry, predicted to be worth over $3 billion by 2026. The ceremony also highlighted individuals and companies shaping the future of the actively developing fintech ecosystem, in sectors such as such as digital lending, blockchain/crypto-based assets and digital wealth management for B2B and B2C segments.
The who’s who of MENA’s fintech sector also appeared at the event; with award winners in hotly contested categories including Mashreq Business Banking, Illumishare, Beehive, Inery and many more.
Founder and CEO of QFIL Solution, Hani AlAita, who accepted the award on behalf of the team, said: “It is a great honor for me and the dedicated team of QFIL to be named ‘Fintech Startup of the Year’ at the prestigious Entrepreneur The Middle East’s Leaders in Fintech Awards. Standing on the same stage as revolutionary startups that are already movers and shakers in the MENA fintech space makes our contribution so far to the development of the ecosystem worthwhile.”
“QFIL identified a gap in the industry where financial investors could not access real-time accurate guidance to make the best investment choices. We are pleased to have bridged this gap with our AI-powered solutions; and will continue to create products via cutting-edge technology to meet the financial investment needs of our customers, while helping to build the Fintech industry”, he added, talking about how this award will energize the team at QFIL Solutions.
The second edition of Entrepreneur Middle East’s Leaders in Fintech Awards was held at Sofitel Dubai The Palm on 15 September 2022.
Entreprenør Midtøsten, the organizer of the awards, is an absolute media authority and dedicated platform to strengthen entrepreneurship and innovation for SMEs, innovative companies and the public sector.
In 2022 alone, QFIL Solutions has won “Best Fintech AI Solution” at the UF Awards 2022; and has also been nominated for various categories at the Fazzaco Business Awards 2022.
