ADGM launches 9 FinTech Awards for FinTech Abu Dhabi 2019
Priya Wadhwa
10x Industry

ADGM launches 9 FinTech Awards for FinTech Abu Dhabi 2019

Applications open till 23 September.

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has launched FinTech Abu Dhabi Awards.

Applications are open until the 23rd of September 2019; which will be judged by an independent jury of leading figures in FinTech sector. Winners will be announced during the third FinTech Abu Dhabi Festival taking place from 21 to 23 October, Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi.

The 9 categories of awards announced are:

  1. UAE FinTech of the Year

  2. MENA FinTech of the Year

  3. Emerging Markets Fintech of the Year

  4. FinTech Investor of the Year

  5. FinTech Accelerator of the Year

  6. FinTech Corporate Innovation Programme of the Year

  7. Emerging FinTech Talent of the Year

  8. FinTech Leader of the Year

  9. FinTech Woman of the Year

Nominations can be done through the FinTech AD website here.

ADGM is also partnered with KPMG Lower Gulf (KPMG LG) for the third edition of the FinTech Abu Dhabi (FinTechAD) Innovation Challenge. The Innovation Challenge includes 15 FinTech problem statements that represent the key challenges that financial institutions, corporates and consumers face in the United Arab Emirates (UAE) and the wider Middle East, Africa & South Asia (MEASA) region.

The FinTech Abu Dhabi Awards aim to showcase and credit the tremendous achievements made by FinTech leaders in our region. We look forward to receiving nominations and playing our part in recognising efforts in transforming the financial services' landscape in the region.
Mr Richard Teng, Chief Executive Officer, Financial Services Regulatory Authority of ADGM

The winners of the FinTechAD Innovation Challenge 2019 will receive:

  • A fast-tracked application to the Hub71 incentive program, which includes subsidised housing, office space and health insurance in Abu Dhabi.

  • The right to represent Abu Dhabi and the region at the Global FinTech Hackcelerator taking place at the Singapore FinTech Festival in November 2019, where participants have access to SGD 200,000(~AED 530,000) in funding for the development of proof-of-concept solutions.

  • The opportunity to co-develop proof of concept solutions with Corporate Champions in Abu Dhabi, for future deployment in Abu Dhabi, the UAE, and beyond.

In addition, the finalists of the Innovation challenge will gain:

  1. An exhibition space at the FinTechAD Festival

  2. A stipend to cover travel expenses,

  3. Fast-tracked application to the ADGM RegLab,

  4. Guidance and support from ADGM and KPMG LG in deploying solutions in the MENA region,

  5. Opportunity to explore deployment of their solutions with Corporate Champions.

FinTech startups are increasingly gaining investor attention in the region. The Abu Dhabi FinTech awards are a great way to gain the spotlight and showcase your startup's capabilities. So what are you waiting for?