UAE - Mubasher: Dubai International Financial Centre (DIFC) has invested in four FinTech startup companies, as part of the $100 million FinTech Fund.
Launched in 2019, the fund aims to help the establishment of startups and support FinTech companies seeking access to the Middle East, Africa and South Asia (MEASA) markets, according to a press release.
The DIFC, the home to the region's largest and most developed FinTech ecosystem, will invest in FlexxPay, Go Rise, NOW Money, and Sarwa.
The CEO of DIFC Authority, Arif Amiri, said: "The DIFC FinTech Fund accelerates the development of impactful FinTech firms, taking them a step further toward capitalising on the strong growth opportunities available in the region."
