DIFC hosts FinTech CEO Summit

Dubai – Mubasher: Dubai International Financial Centre (DIFC) hosted the 6th annual International Finance Corporation (IFC) FinTech CEO Summit. 

It is the first time IFC, a member of the World Bank Group, has held the event outside its Washington D.C. headquarters, and gathered close to 200 of the world’s leading CEOs and innovators in the world of FinTech to discuss the latest developments and most critical, strategic issues that are facing the industry today, according to a statement. 

DIFC Governor Essa Kazim spoke in his opening remarks about the IFC’s decision to bring the Summit to Dubai as a testament to the city’s growing significance on the global FinTech stage, driven by the Centre’s world-class ecosystem. 

He also reinforced the DIFC’s commitment to FinTech and the sector’s positive impact on the future of financial services in the region. 

“We are pleased be working with the IFC to bring their FinTech CEO Summit to Dubai. It reflects the importance of FinTech sector in region and how it is increasingly becoming a key pillar in the future of financial services. The potential that this sector has for greater financial inclusion in the region is unprecedented, and we have taken in it on ourselves at DIFC to ensure that this potential is unlocked,” said Arif Amiri, the CEO DIFC Authority. 

DIFC will continue to work with partners to enhance our ecosystem, allowing for more cohesive innovation and entrepreneurship culture to be instilled across the region,” Amiri added. 

DIFC also recently partnered with Startupbootcamp, the world’s largest global network of industry-specific multi-year programmes to support early stage startups.

Last week, the second cohort of 22 finalists graduated from this programme that were shortlisted from 300 global applications across 45 countries. 

Mubasher Contribution Time: 08-Dec-2018 15:28 (GMT)
Mubasher Last Update Time: 08-Dec-2018 15:28 (GMT)