FinTech Abu Dhabi plans international tour to find global FinTech talent
The MENA region’s leading FinTech Festival hosted by Abu Dhabi Global Market (ADGM) — FinTech Abu Dhabi — will be going on tour this September to scout talent from across the world.
Co-organised by ADGM and Unbound, the aim is to identify the most exciting FinTech startups and talent present in the world today. The winners of each leg of the tour will become part of the FinTech 50 and receive the opportunity to pitch their solutions to the international audience of financial institutions, regulators, corporates and media at ADGM's flagship event in FinTech Abu Dhabi (FinTechAD), that will take place on 21-23 October, 2019.
"The tour has got off to a fantastic start with our opening events in Singapore, London, Kigali, China and Central Asia. We have already witnessed so much talent and innovation and can't wait to see what the other cities have to offer. The FinTech Abu Dhabi Festival, supported by Unbound, has seen huge interest already which will only grow over the coming months.”Daniel Seal, Founder and CEO of Unbound, said
The new tour dates of FinTechAD are:
Frankfurt, 9th September
Milan, 10th September
Luxembourg, 12th September
Amman, 15th September
Cairo, 16th September
Riyadh, 17th September
Casablanca, 19th September
More tour dates will be announced soon, as FinTech Abu Dhabi plans to visit 18 cities in the world across Asia, Europe, the Middle East and North Africa.
In addition to the pitching, the startups who become part of the FinTech 50 will also be able to enter the FinTechAD Innovation Challenge, whereby they will undergo a selection process to solve real industry issues and problem statements affecting Abu Dhabi and the region.
Winners of the FinTechAD Innovation Challenge will receive the opportunity to relocate their business to Abu Dhabi and quality for various entrepreneur support programmes, funding schemes, and collaborative projects with corporate champions to scale and deploy their solutions out of Hub71 – the tech hub in ADGM.
Wai Lum Kwok, Senior Executive Director (Capital Markets), Financial Services Regulatory Authority of ADGM of ADGM, said, "ADGM is excited that FinTechAD Tour has been gaining strong traction and support globally and in the various cities. The calibre of participating FinTech companies and entrepreneurs has been very impressive and it reveals how advanced and innovating the respective FinTech communities in each city that we have toured.
Previous winners of the FinTechAD Tour include:
UK: StepLadder – a collaborative digital savings tool that allows member users to save as a group towards their property deposit.
Middle East and Africa:
Rwanda: Akokanya – an online ticketing platform for event management and Exuus – a FinTech start-up that leverages the power of collective saving and credit scoring models to achieve financial inclusion.
China: Joint Winners — Swiftpass & Allinpay. Swiftpass is a one-stop service to meet the diversified, multi-scenario, multi-terminal payment needs of customers by aggregating international payment methods. Allinpay offers a payment solution designed to aggregate the majority of online and offline payments tools and services
Singapore: Deepscope – an AI and machine learning tool that analyses the entire stock market to deliver quality stocks for investors, brokers and funds
Azerbaijan: Cryptoyote – an AI-powered platform for cryptocurrency traders
Georgia: CNICK – The first smart wooden ring to replace the need to carry multiple plastic cards for access, payments and loyalty programmes
Uzbekistan: Mayasoft – it provided Microsoft's international certificate training under a corporate and an individual title
Kazakhstan: Joint Winners — Biometric & Lending Star. Biometric's cash microfinance business targets developing countries with low credit card penetration. Lending Star aims to change the world of business financing by creating a financial marketplace for small and medium businesses