Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Innovate Finance
Innovate Finance is an independent not-for-profit membership association representing the UK’s global FinTech community
This colloaboration is the most recent signing which builds on the previous global agreements by DIFC and FinTech Hive in 2018 with FinTech hubs in New York, London, Hong Kong, Kuala Lumpur, Singapore, Mumbai, Paris, Brussels, Holland and Bahrain
Arif Amiri, Chief Executive Officer of DIFC Authority, said: “We are pleased to start 2019 by entering into a partnership with Innovate Finance which will help keep the UK and Dubai at the forefront of Financial Innovation. During the year, FinTech Hive at DIFC will work with Innovate Finance and other global partners to strengthen our FinTech ecosystems for the benefit of start-ups who will be able to maximise the market opportunities in both locations”
“Dubai is a rising influencer within the financial technology space and we look forward to developing a comprehensive partnership which will enable both large and small FinTechs in our respective hubs to scale,” commented Natalie Ceeney CBE, Chair of Innovate Finance.