Finance bulletins

DIFC’s FinTech Hive Reveals ‘Scale Up Programme’ for FinTech startups

DIFC’s FinTech Hive Reveals ‘Scale Up Programme’ for FinTech startups

Dubai, UAE, 22 January 2020: DIFC’s FinTech Hive revealed the launch of a new funding accelerator programme for FinTech start-ups in the MEASA region. FinTech Hive Scale Up programme benefits scaleups by helping them grow through strategic partnerships and receiving investment resources through the DIFC FinTech Hive ecosystem. Through a series of collaborations with multiple partners,

US Controls 66.2% of Bitcoin ATMs Worldwide

Data compiled by shows that the United States now has 4274 ATMs installed. This figure represents 66.2% of the machines worldwide. Globally there are 6454 Bitcoin ATMs with eight units being installed daily as of January 20 North America Dominates Global Bitcoin ATMs Canada has the second-highest number of installed Bitcoin ATMs at 678

Dubai International Financial Centre Partners with Industry Leaders to Propel the Regional Insurance Landscape

Brand-new certified insurance courses introduced to the DIFC Academy in collaboration with Lloyd’s and Chartered Insurance Institute Dubai, UAE, 30 December 2019: Dubai International Financial Centre (DIFC), a global top 10 International Financial Centre and the leading financial hub in the Middle East, Africa and South Asia (MEASA), has signed individual memorandums of understanding (MoU)

Finastra joins World Economic Forum

Collaborative efforts will help break down industry silos, promote equality and opportunity, and ultimately build a better future Dubai, UAE – December 11, 2019, Finastra today announced that it has joined the World Economic Forum. The move will see the company collaborating with industry leaders and policy-makers to drive change across financial services, world trade

Dubai International Financial Centre Celebrates the UAE’s 48th National Day

Dubai, UAE, 28 November 2019: Dubai International Financial Centre (DIFC) celebrated the UAE’s 48th National Day with a series of cultural activities and performances including traditional music and dance reflecting the national values of the UAE. The celebration, widely attended by DIFC’s vibrant and lively community of more than 24,000 professionals, took place against the

DIFC FinTech Hive Showcases over 30 ‘Proof of Concept’ Start-up Successes at Investor Day – an Increase of 50 per cent in 2019

Proof of Concepts increase by 50 per cent in 2019 as ambitious start-ups showcase innovative FinTech solutions and expansion plans that will shape the future of finance in the UAE and MEASA region at DIFC FinTech Hive Investor Day 2019 Mentorship pairings between leading financial institutions and FinTech start-ups at DIFC FinTech Hive increased more

Lisa Fiondella joins Finastra as Chief Data Officer

New hire to develop products using the wealth of data available through Finastra’s platform and cloud-based solutions   Dubai, UAE, November 26, 2019 – Finastra has hired Lisa Fiondella as Chief Data Officer to lead its comprehensive data strategy, including how data collected through the platform and various cloud-based solutions, can be best utilized.

Dubai International Financial Centre to Host Flagship Future of Finance conference at Dubai Exhibition Centre

DIFC and Expo 2020 Dubai ink agreement to host the region’s leading finance conference at Dubai Exhibition Centre Global leaders, economic commentators, regional specialists and sector pioneers to participate in Future of Finance conference during Expo 2020 Dynamic new format will focus on Dubai as a regional centre for innovation, showcase the comprehensive financial ecosystem

Dubai International Financial Centre Welcomes Global Payments Pioneer WorldFirst

The Centre’s comprehensive financial ecosystem continues to attract global leaders to the region and facilitate opportunities for sector pioneers to scale operations across the MEASA WorldFirst represents parent company Ant Financial Services Group’s first major base within the region and new DIFC office will allow the brand to exploit the largely untapped e-commerce market Dubai,

Lebanon venture selected for Inclusive FinTech Accelerator Programme ‘Finance Forward’

Beirut, Lebanon; November 14, 2019: Village Capital and MetLife Foundation selected eleven early-stage ventures operating in MENA including Fundbot (Beirut, Lebanon) for the ‘Finance Forward: Middle East and North Africa (MENA) 2019 accelerator program. The program will take place from November 17-20 in Amman and two peer-selected finalists from this cohort will receive grant capital provided