DIFC, one of the most advanced free zones in Dubai, ranked top 5 free zones of the world, has been supporting FinTech startups for many years. Starting from granting free business licenses, offices for FinTech startups, to larger projects and collaborations with technology giants across the world.
Singapore FinTech Festival, the largest financial technology event in the world has welcomed DIFC and signed a Memorandum of Understanding, MoU, with Tribe Accelerator of Singapore, to collaborate on sharing of knowledge and to partner during joint events.
DIFC and Tribe Accelerator also partnered on the first Dubai edition of the Tribe Demo Day in December 2019, which showcased nine growth-stage companies with compelling use cases utilising blockchain technology, ranging from Series A – Post-IPO across verticals such as Media & Advertising, Data, FinTech, Healthcare, Supply Chain and Trade Finance, ranging from Series A and beyond.
DIFC’s FinTech ecosystem has more than 100 FinTech companies at the centre, reflecting a three-fold growth in registered FinTech firms since the end of 2018.
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