Dubai-based QFIL Solutions honored with 2022 ‘Fintech Startup of the Year’ award

By Rahul Vaimal, Associate Editor
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Mr. Hani AlAita at Leaders in FinTech Awards 2022
Mr. Hani AlAita, CEO, QFIL Solutions collecting the Startup of the Year award at the Leaders in FinTech Awards 2022 by Entrepreneur Middle East. | Image Courtesy: Supplied

Dubai-based AI-driven fintech startup, QFIL Solutions bagged a much-deserved honor when the firm was named ‘Fintech Startup of the Year’ at the 2022 Leaders in Fintech Awards by Entrepreneur Middle East.

The award is a recognition of QFIL’s efforts and contribution to identifying the needs of an unmet financial investment gap within the ecosystem, by providing disruptive fintech solutions to a wide underserved market of millennials and Gen-Z known to lose as close to 80% of their trading investments.

As a startup igniting a disruptive movement in the finance and technology landscape, modern-day investors can leverage cutting-edge AI-driven solutions offered via QFIL’s products to make more successful investment choices.

The Event 

The invitation-only event was held to give prominence to the MENA region’s fast-growing fintech industry predicted to be worth over $3 billion by 2026. The ceremony also spotlighted individuals and enterprises that are shaping the future of the actively developing fintech ecosystem, in sectors such as digital lending, blockchain/crypto-based assets, and digital wealth management for B2B and B2C segments.

At the event which was attended by the who of who’s in the MENA’s fintech sector, winners in keenly contested categories included the likes of Mashreq Business Banking, Illumishare, Beehive, Inery and many more.

Hani AlAita Image
Hani AlAita
Founder and CEO
QFIL Solutions

“It is a great honor for me and the dedicated team for QFIL to be named the ‘Fintech Startup of the Year’ at the prestigious Entrepreneur Middle East’s Leaders in Fintech Awards. To be standing on the same stage with revolutionary startups who are already movers and shakers in MENA’s fintech space makes our contribution so far to the evolution of the ecosystem worth the while.”

The QFIL Solutions CEO further added that, “QFIL identified a gap in the industry where financial investors could not access real-time accurate guidance in order to make the best investment choices. We are happy to have bridged this gap with our AI-driven solutions; and will continue to create products via cutting-edge technology to address the financial investment needs of our clients while contributing to building the Fintech industry.”

In 2022 alone, QFIL Solutions has won the “Best Fintech AI Solution” at the 2022 UF Awards, and has been shortlisted for various categories at the Fazzaco Business Awards 2022.

Leaders in Fintech Awards

The second edition of the Entrepreneur Middle East’s Leaders in Fintech Awards was staged at Sofitel Dubai The Palm on 15 September 2022.

Entrepreneur Middle East

The organizer of the awards, Entrepreneur Middle East is an absolute media authority and dedicated platform for empowering entrepreneurship and innovation catering to SMEs, innovative companies, and the public sector.

Related: World Fintech Show to connect global fintech experts in Saudi Arabia


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