TOP 10

Dubai is fast becoming one of the world ’ s most prominent fintech hubs . The Dubai International Financial Centre ( DIFC ) is the largest financial ecosystem in the Middle East , Africa and South Asia ( MEASA ) region . 2023 has seen new fintech company registrations in the region surpass 1,000 for the first time . Today , there are 4,377 active registered fintechs in Dubai , a mammoth amount compared to even some of the most established fintech hubs worldwide . The Dubai Fintech Summit was especially popular in 2023 , attracting over 5,000 industry members through its doors .

São Paulo has a huge growing potential as the world ’ s next significant fintech hub . There are over 1,000 fintechs based throughout Brazil , and São Paulo is becoming dubbed the ‘ Silicon Bairro ’ of South America . Home of the Brazilian Association of Fintechs , São Paulo is fast becoming a place for fintechs to thrive . This is further evidenced by the growing number of accelerators and startups in the city , with programmes like Cubo Itau and Darwin Startups gaining recognition . The city is already home to Nubank , one of the most recognised and well-funded neobanks anywhere in the world .

fintechmagazine . com 37