Dubai International Financial Centre has continued to attract exceptional interest from financial technology firms, making FinTech the Centre’s fastest growing sector.

Client growth continues to be strong across all sectors, however, interest from FinTechs in the Centre has outpaced other sectors. This has been further amplified by DIFC’s strong schedule of impactful events and international roadshows that have showcased Dubai’s status as a preferred global FinTech and innovation hub.

A DIFC delegation is currently in Singapore, at the Singapore Fintech Festival, exploring collaboration opportunities and finalising commitments from firms in Asia. As a Silver Sponsor of the event and the only sponsor from the region, DIFC is illustrating its role as the most enabling platform in MEASA for FinTech firms, helping start-ups, global players and unicorns to expand their global reach and capture opportunities in fast-growing MEASA markets. Between January and September 2022, DIFC-based FinTech firms secured over AED 2bn (USD 559m) of funding.

Arif Amiri, CEO of DIFC Authority, is leading the DIFC delegation. During the visit, the delegation is highlighting Dubai’s position as a leading financial centre and global FinTech hub whose financial technology firms have access to education; entrepreneurship and accelerator programmes; mentoring and networking; operating and regulatory licences; access to funding and expertise through venture studios.

Arif Amiri, CEO of DIFC Authority, said: “Dubai and DIFC have built the most comprehensive FinTech and innovation proposition in the Middle East, Africa and South Asia region. This has helped us become one of the world’s leading hubs for the sector and we are thrilled that DIFC is attracting high levels of interest from FinTechs in Asia. DIFC will continue to develop initiatives to further differentiate our strong reputation for FinTech, some of which we are looking forward to announcing soon.”