$ 30,018.00 2.50%
$ 1,996.98 0.84%
$ 51.76 0.21%
$ 0.086639 0.52%
$ 7.93 1.90%
$ 1.45 2.68%
$ 0.000141 17.83%

Dubai reveals financial technology regional roadmap

dubai releases fintech roadmap

In the Middle East and Africa, the Financial technology (Fintech) companies are striving to maintain their position in the growing market settings. The publication of a paper by the Dubai International Financial Centre (DIFC) provides guidelines to the Fintech firms for securing their respective position in the emerging market trend. It is considered to be the ray of hope for the Fintech Firms in this region.

The details of this report were revealed at the SanFransico that shows that this paper provides the road map for the Fintech firms. The report on this paper depicts that this paper was published after thorough studies of market trends and various retrospective case studies about the Middle Eastern and African region.

It also read in-depth guidelines by the lessons learned from the successful patterns adopted by the past Fintech firms and banking sector to achieve their desired goals. The new Fintech companies would be able to enhance their growth by adopting similar trends that were adopted by the past prestigious firms.

The CEO of the DIFC Authority has a vision that the Fintech firms have a huge capacity for growth and their potential is not limited. He said that this region has a lot of opportunities to be explored. For any company’s growth, the main factor is that the environment should be made conducive first.

The CEO claimed that by collaborating with other firms they are successful in creating favorable business settings to explore the untapped opportunities and increase the growth. As the need of the hour is to provide financial services to the people of which almost 70% of the population is deprived of.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

Related News

Hot Stories

Seth Green loses his 4 NFTs in a Phishing scam; begs not to buy them.
Bitcoin, Ethereum, Dogecoin, and Polkadot Daily Price Analyses – 18 May Roundup
Dogecoin price analysis: DOGE/USD set to break above the daily resistance
Mike Novogratz preaches humility in investments and keeps his LUNA tattoo 
Ripple price analysis: XRP/USD set to break higher in the next 24 hours

Follow Us

Industry News

CFTC indicts 2 men for running a $44M crypto Ponzi scheme
Goldman Sachs: crypto crash has little effect on the US economy
Commonwealth bank halts crypto pilot program
Mike Novogratz preaches humility in investments and keeps his LUNA tattoo 
South Korean government revives ‘Grim Reapers’ as Terra`s collapse puts it on the regulation edge