DIFC to organize global event ‘Dubai FinTech Summit’ next year

By Shilpa Annie Joseph, Official Reporter
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Launch of Dubai FinTech Summit
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HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of DIFC, has announced the launch of the Dubai FinTech Summit, a global event that will bring together more than 5,000 experts, thought leaders, policymakers and decision-makers in Dubai.

The experts will be gathered to discuss how they can shape a new wave of innovation, enterprise, and growth for the international financial industry.

The Dubai FinTech Summit, organized by the Dubai International Financial Centre (DIFC), will take place on the 8th and 9th May 2023 at Madinat Jumeirah, Dubai.

Sheikh Maktoum said that, “DIFC’s ability to create value for companies in the sector by providing them a highly productive ecosystem to accelerate growth has led to leading innovators and entrepreneurs in the sector gravitating to the emirate. The Dubai FinTech Summit will help open new horizons of opportunity and transformation for both the global FinTech sector and the worldwide financial industry.”

The event will see some of the world’s biggest personalities in the industry delivering keynote presentations, sharing their perspectives on industry challenges, and identifying opportunities to maximize the impact of FinTech for people, businesses, and economies.

Essa Kazim
Essa Kazim
Governor – DIFC

“The Dubai FinTech Summit will bring together ideas, knowledge, and perspectives that can help unlock a new phase of exponential growth for the global financial sector and FinTech in the Global Economy. DIFC will leverage the platform offered by the Summit to bring together banks, FinTechs, and regulators from across the world to further stimulate the digital advancement of the financial sector. We already have over 600 FinTech and innovation firms in DIFC that are changing the face of the industry and contributing to the economic growth of our country. The 23 percent expansion that DIFC’s FinTech community saw in the first half of this year is a testament to the dynamic growth-friendly platform that we offer financial companies from across the world. We remain focused on bringing more exciting players in the sector to Dubai and helping them to access opportunities here and across the region.”

The Summit is focused on generating tangible outcomes, including reports, strategies, and action plans that can help chart the way forward for the financial services industry.

The event’s program will feature in-depth discussions across key tracks including the future of FinTech, embedded and Open Finance, sustainability, Web 3.0, and digital assets. The Summit will also provide an opportunity for more than 100 FinTechs and Future of Finance players to display their latest technology and innovations, as per the statement.

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