THE DUBAI INTERNATIONAL FINANCIAL CENTRE ( DIFC )
company that supports early-stage tech companies and plays a supplementary role to supporting fintechs .
THE DUBAI INTERNATIONAL FINANCIAL CENTRE ( DIFC )
The DIFC is the region ' s largest financial ecosystem , comprising over 24,000 professionals across 2,200 companies . The institution drives the future of finance , which will continuously play into the technological advancements that take Dubai closer
to becoming a paperless , smart city . The key way it nurtures fintech growth in the region is through The FinTech Hive , which runs an annual accelerator programme that provides mentoring , funding opportunities and marketing exposure to fintech , insurtech , regtech or Islamic fintechs . It received 425 applications for the programme , a 42 % increase from its 2018 event . As of September 2019 , the centre has registered over 100 fintech firms . Arif Amiri , Chief Executive Officer of DIFC Authority said : " We aim to continue this momentum and growth through our evolving regulatory environment and the quality of collaborators we bring into the DIFC , as our vision of driving the future of finance becomes a reality .”
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