Latest innovations highlighted at Dubai FinTech Summit

Eight thousand decision-makers, over 300 thought leaders and more than 200 exhibitors have gathered at Dubai's Madinat Jumeirah for the Dubai FinTech Summit, which kicked off on Monday,

Under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and President of the Dubai International Financial Centre (DIFC), the summit offers a platform for start-ups, investors and industry leaders to connect and capitalise on the growing FinTech market in the region and beyond.

The MENA region’s FinTech start-up and venture capital landscape is booming, with over 800 FinTech start-ups worth $15.5 billion, according to data by dealroom.co.

The global FinTech sector is rapidly growing and is predicted to be valued at $608 billion by 2029, according to Mordor Intelligence, a market intelligence and advisory firm.