The Middle East and North Africa Fintech community will gather tomorrow at Fintech Surge 2022

  • Fintech architects, the investment community, startups and leading innovators will gather tomorrow at Fintech Surge 2022 to reinvent the future of industry in the UAE
  • Fintech Surge 2022 brings together global fintech industry leaders to accelerate growth in the UAE

Dubai, United Arab Emirates– (Newsfile Corp. – October 9, 2022) – Fintech Surge 2022the leading finance and innovation event for the Middle East and North Africa region, will open tomorrow at the Dubai World Trade Center from October 10-13, 2022 (Monday-Thursday).

Fintech Surge 2022 will serve as the largest gathering for the fintech investor community, fintech architects, startups, over 600 powerhouse investors and leading innovators from disruptive fintech companies around the world. The summit will host leading visionaries and innovators who will share their insights on how to navigate the ever-changing fintech ecosystem.

The UAE has been at the forefront of financial innovation and has seen a recent acceleration in the fintech sector. The country is currently home to 24% of all fintech organizations in the region and accounts for 41% of the MENA region’s $864 million seed funding in Q1 2021.

Over four days, Fintech Surge 2022 will address global regulations, compliance issues, and Metaverse’s role in fintech. The summit will host thought leaders from the public and private sectors, including organizations such as Abu Dhabi Global Market (ADGM), London Stock Exchange Group (LSEG), Mashreq Bank, Mastercard, FintX by Emirates Post, EmiratesNBD and Abu Dhabi Islamic Bank. .

The expert-led conference tracks at Fintech Surge 2022 will explore the industry’s most pressing issues and potentially lucrative opportunities. The summit will also witness startAD’s pitch day where ten startups from the CSA9 cohort will present their solutions and a winner will be announced.

Khalil Alami, Founder and CEO of Telr, said, “We are thrilled to be part of Fintech Surge 2022 as a Gold Sponsor. Together, we can evolve and transform the fintech industry. The United Arab Emirates is recognized as one of the top ten fintech hubs in the world. It is home to almost 50% of fintech companies in the Middle East, and we are happy to be part of its growth. »

The COVID-19 pandemic has dramatically changed consumer behavior and payment preferences over the past few years. According to Mastercard’s New Payments Index 2022, 88% of consumers in the United Arab Emirates have used at least one emerging payment method in the past year, and their use is expected to increase further. As title sponsor of Fintech Surge 2022, Mastercard will shine the spotlight on some of its innovative technologies and solutions. World leaders will share industry insights in panel discussions and fireside chats. Mastercard also intends to launch a report on the current state and growth potential of the fintech sector in the region.

Ali Abulhasan, Co-Founder and CEO of Tap Payments, said, “By onboarding over 100,000 merchants, we’ve seen how the MENA region has flourished into an ecosystem of early-stage startups and SMEs. This credits to government and local initiatives accelerating the development of startups. Our goal is to continue to support startups and the innovation they bring to key markets, and to create an ecosystem that helps them scale easily. This is why we are keen to participate in cutting-edge events like Fintech Surge 2022 and competitive showcase activities like its Supernova Challenge.

Ahmed Mohamed Al Awadi, Managing Director and CEO of FINTX, the new fintech arm of Emirates Post, said: “FINTX will act as an incubator for fintech innovation. Through the newly created company, we aim to create a one-of-a-kind Fintech ecosystem and elevate the diversity and quality of financial services provided by the existing companies we oversee and the new ventures we create. We intend to leverage our strong client base and extensive financial experience spanning decades across our extensive local and international network, to ensure business success.

Fintech Surge 2022 is an integral part of GITEX Global 2022, the world’s largest tech and startup event of the year, which will bring together over 5,000 technology and digital companies from 170 countries.

Additional Quotes

Kokila Alagh, Founder of KARM Legal, says: “KARM is a local UAE law firm, which aims to put the Emirates on the technology map. KARM’s vision is aligned with that of His Highness Sheikh Mohammed bin Rashid Al Maktoum, which is to strengthen Dubai’s position as a global hub for Web 3.0 and the digital economy. Fintech Surge is a great initiative. We are excited to be a part of Fintech Surge 2022 as it gave the world a glimpse into the evolution of blockchain and the fintech space, while representing different jurisdictions.

Vladimir Tatarinov, CEO of Armenotech Limited, said, “Fintech Surge 2022 will pave the way for us to enter the Middle East market. This is where hundreds of large and medium-sized fintech companies already exist, and more are planning to enter the market.

Renier Lemmens, CEO of Geidea, adds: “The Fintech ecosystem and digital payments landscape in the UAE and the GCC is transforming on an unprecedented scale. Geidea is committed to empowering merchants in the large and SME space. As part of Geidea’s expansion plans in the MENA region, we look forward to our participation in GITEX Global’s Fintech Surge 2022 as a platinum sponsor.

-ENDS-

About Dubai World Trade Centre:

With a vision to make Dubai the world’s premier destination for all major exhibitions, conferences and events, DWTC has grown from being a regional forerunner of the fast-growing MICE industry to a multi-dimensional, venue-focused, event-driven business enabler. and real estate. Management. Complementing the main service offerings are a range of value added services ranging from media/advertising, engineering and technical consultation to wedding planning, security services and an award winning hospitality portfolio. To learn more about the Dubai World Trade Center, please visit their website.

For more information please contact:

Loredana Matei

Founder, Jensen Matthews PR

[email protected]

Official media contact

Steven Besse

Fintech surge

[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/139979

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