The Dubai International Financial Center will host a Global FinTech Summit

DUBAIUnited Arab Emirates, 7 November 2022 /PRNewswire/ — His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoumdeputy head of DubaiDeputy Prime Minister and Minister of Finance of the United Arab Emirates, and President of the DIFC, has announced the launch of the Dubai FinTech Summit, a global event that will bring together more than 5,000 experts, thought leaders, decision-makers and decision-makers in Dubai to discuss how they can shape a new wave of innovation, enterprise and growth for the international financial industry.

To be organized by the Dubai International Financial Center (DIFC), the Dubai FinTech Summit will take place on the 8th and 9 May 2023 in Dubai. The event will see some of the world’s biggest personalities in the industry deliver keynote presentations, share their perspectives on industry challenges and identify opportunities to maximize the impact of FinTech on people, businesses and economies.

Home to the region’s largest cluster of FinTech and innovation businesses, DIFC is one of the brightest growth spots in the global FinTech market valued at more than 135.9 billion dollars in 2021. The global market is expected to grow at a CAGR of 11.9% between 2022-2027 to reach a value of over 266.9 billion dollars by 2027.1

His Excellency Essa Kazim, Governor of the DIFCsaid: “The Dubai FinTech Summit will bring together ideas, knowledge and perspectives that can help unlock a new phase of exponential growth for the global financial sector and FinTech in the global economy. The DIFC will leverage the platform provided by the summit to bring together banks, FinTechs and regulators from around the world to further stimulate the digital development of the financial sector.

We already have over 600 FinTech and innovation firms in the DIFC changing the face of the industry and contributing to the economic growth of our country. The 23% expansion that DIFC’s FinTech community saw in the first half of this year is testament to the dynamic growth-friendly platform that we offer financial companies from around the world.”

The Summit’s program will feature in-depth discussions across key tracks, including the future of FinTech, embedded and open finance, sustainability, Web 3.0 and digital assets. The summit will also provide an opportunity for more than 100 FinTechs and Future of Finance players to showcase their latest technology and innovations.

Consult:
ASDA’A BCW
Tel: +9714 450 7600 | [email protected]

Image – https://mma.prnewswire.com/media/1940242/DIFC_Global_Summit.jpg
Logo –

SOURCE DIFC