Dutch global payment technology provider Adyen is setting up its regional headquarters at Dubai International Financial Centre (DIFC), the leading global financial center and largest FinTech hub in the Middle East, Africa, and South Asia (MEASA) region.
According to the Dutch company, the DIFC was selected because of its regional reach and comprehensive ecosystem. The move will allow Adyen’s existing merchant base to seamlessly launch operations in the area. Further, it will provide frictionless access to the Adyen platform to the merchants from the region, the company said.
The centre’s comprehensive financial ecosystem will continue to draw global payments and technology players to the region in order to scale via accessing Middle East, Africa and South Asia (MESA) markets. The global payment firm will join the region’s largest community of growth stage start-ups, established financial services firms, venture capital, and educational institutions that are working together to develop a promising future across financial and economic sectors.
“We are pleased that Adyen has selected DIFC as their regional office for the Middle East. They are joining the region’s largest, most innovative, and forward-thinking community of more than 2,500 financial-related businesses who are working with us to shape the future of the industry. We are confident that our connectivity, ecosystem, infrastructure, laws, and regulations will help them expand successfully across the region.”
“Being part of DIFC’s ecosystem will help Adyen build out our offering to support the needs of both international as well as local merchants. Opportunities in the Middle East region are prevalent. We are looking forward to growing in the region and DIFC was the natural choice for Adyen,” commented Sander Maertens, Head of Middle East at Adyen.