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FinTech Funding Continues to Surge as Second Edition of Dubai FinTech Summit Commences

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  • Dubai FinTech Summit to take place 6 – 7 May at Madinat Jumeirah.
  • 2nd edition of the summit will bring together over 8,000 decision-makers, over 300 thought leaders across five stages and more than 200 exhibitors showcasing cutting-edge technologies.
  • FinTech landscape is booming with over 800 FinTech start-ups worth USD 15.5bn.

Dubai, UAE, 3rd May 2024, ZEX PR WIREFor the second consecutive year, Dubai will remain in the spotlight as it hosts the second edition of Dubai FinTech Summit, under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE and President of DIFC, which is set to take place on 6-7 May at Madinat Jumeirah.

Organised by Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, the Summit will bring together 8,000 decision-makers, over 300 thought leaders and more than 200 exhibitors to discuss the latest innovations and challenges and showcase cutting-edge technologies.

The global FinTech sector is rapidly growing and is predicted to be valued at USD 608bn globally by 2029, according to Mordor Intelligence, a market intelligence and advisory firm. Bucking the downward global market trend, the MENA FinTech market is expected to register a CAGR of over eight per cent during the period 2024 to 2029.

Dubai FinTech Summit will offer a platform for start-ups, investors and industry leaders to connect and capitalise on the growing FinTech market in the region and beyond. The MENA region’s FinTech start-up and venture capital landscape is booming, with over 800 FinTech start-ups worth USD15.5 bn, according to data by dealroom.co. Reflecting the ongoing transformation in the financial sector driven by Innovation, Inclusion, and Impact, the key themes this year will be Finance Renaissance, Ecofinance and Impact, Investment Vanguard, Regulatory Frameworks, Global Financial Dynamics and FinTech 2.0.

Mohammad Alblooshi, CEO at DIFC Innovation Hub, said: “Nearly 60 per cent of all FinTech companies in the GCC are currently based in Dubai. With the industry growing at an unprecedented rate, it is crucial for stakeholders to gather and discuss the challenges and opportunities that lie ahead. The Dubai FinTech Summit will bring together the most prominent figures in the industry, with an agenda that is aimed at driving innovation, inclusivity, and growth for all.”

With an impressive line-up of distinguished local and international speakers, the Dubai FinTech Summit will host a series of panel discussions and fireside chats. More than 20 governors of financial institutions will attend the summit this year, amongst them, H.E. Essa Kazim, Governor, DIFC, UAE; H.E. Fahad M. Alturki, Ph.D. Director General Chairman of the Board, Arab Monetary Fund, H.E. Dr. György H Matolcsy, Governor, Magyar Nemzeti Bank, The Central Bank of Hungary; will participate in discussions during the two-day event. Nic Dreckman, CEO of Bank Julius Baer & Co.; Yie-Hsin Hung, President & CEO of State Street Global Advisors, along with many other global industry leaders will also be participating in the various sessions planned for the Summit. Notable local speakers include H.E. Abdullah bin Touq Al Marri, Cabinet Member & UAE Minister of Economy; H.E. Helal Saeed Al Marri, Director General, Department of Economy and Tourism, Dubai; H.E. Salem Humaid Al Marri, Director General, Mohammed Bin Rashid Space Centre, UAE; and H.E. Faisal Belhoul, Vice Chairman of the Dubai Chamber, Chairman of J&F Holding.

A key highlight of the Dubai FinTech Summit will be the Grand Finale of the FinTech World Cup (FWC). The champions of the FinTech World Cup will be announced on Day 2 of the summit with the winners securing an investment of up to USD 1 million. The competition is a growth-enabling initiative by DFS designed to encourage cross-border collaboration and stellar innovation, pivotal to transforming the global FinTech sector.

In line with the D33 Agenda to position Dubai as the top four global financial hub by 2033, the 2nd edition of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to transforming the global FinTech sector. It presents a unique opportunity to explore emerging FinTech trends and their potential to drive financial progress in the MEASA region.

The inaugural Dubai FinTech Summit attracted over 5,000 C-suite leaders from over 90 countries including north of 1,000 investors and more than 150 speakers. Over 20 Memorandums of Understanding were signed with global financial leaders during the Summit.

The 2nd edition of the Dubai FinTech Summit is supported by:

Founding Partner & Co-Host – VISA

Founding Partner & Powered by – e&

Founding Partner & Premium Banking Partner – Emirates NBD

Founding Partner & Strategic Banking Partner – Commercial Bank of Dubai

Powered By – Dyna.Ai

Strategic Venture Partner – SC Ventures

Lead Sponsor – Finvasia

Country Pavilion Partner – Seoul Government

Diamond Sponsor – Mashreq

Platinum Sponsors – Ripple, Deloitte, Pay10, Nasdaq, Mastercard, Bitpanda

Official English News Partner – The National

Arabic Broadcast Partner – Sky News Arabia

Arabic Business News Media Partner – CNN Business Arabic

Editorial Partner – Bloomberg

Regional Business Media Partner – Asharq Bloomberg

Business Broadcast Partner – CNBC Arabia

Official Radio Partner – Dubai Eye 103.8

Ecosystem Partner – Entrepreneur Middle East

Main Media Partner – Emirates News Agency – WAM

Official Newspaper Partner – The FinTech Times

Official Business News Partner – CITY A.M.

Official Magazine Partner – Finance World Magazine

Official Media Partners – Arabian Business, Finance Middle East

Official Digital Magazine Partner – RASMAL

Official Content Distribution Partner – ZEX PR Wire

Official OOH Partner – ELEVISION

About Dubai FinTech Summit

Dubai FinTech Summit is an annual mega event organised by the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The 2nd edition of the Dubai FinTech Summit will bring together over 8,000+ global industry leaders, 1,500+ investors and policy makers, signalling increased appetite for growth opportunities in the region.

Dubai FinTech Summit signals new wave of financial innovation, opportunity, transformation, and growth for the international financial services sector.  As a rising FinTech hub, Dubai is also spearheading the evolution of the financial services industry, with investments in FinTech projected to grow by 17.2 per cent CAGR to USD949 bn from 2022 to 2030. The summit aligns with the Dubai Economic Agenda D33’s strategic goal of propelling Dubai into the ranks of the top four global financial hubs by 2033.

The expanded programme of Dubai FinTech Summit is set to exceed expectations by delving into key tracks, including the future of FinTech, embedded and Open Finance, climate finance, Web3 and digital assets. The summit stands as a thought leadership-driven platform, addressing industry challenges head-on and championing innovation.

To register for the event, visit www.dubaifintechsummit.com.

Visitors can purchase tickets for the Dubai FinTech Summit 2024.

For further inquiries, please contact:

Shadi Dawi

Director of PR & Strategic Partnerships

Trescon Global

Mobile: +971 55 498 4989

shadi@tresconglobal.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Helical IT Solutions Introduces Helical Insight 5.2.2: Advancing Session-Less Embedded Analytics

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TELANGANA, HYDERABAD, INDIA – December 26, 2024 – Helical IT Solutions has announced the release of Helical Insight 5.2.2, the latest version of its Open Source Business Intelligence (BI) platform. This release emphasizes session-less embedded analytics and advanced security features, catering to product-based companies aiming to integrate advanced analytics into their offerings.

Key enhancements in Helical Insight 5.2.2 include expanded emailing and scheduling capabilities, featuring dynamic variables such as date, time, filter values, report names, and user details, which can be incorporated into email subject lines and body content. The platform now supports direct connections to various flat file formats, including Google Sheets, Excel, and CSV, as well as API and JSON as data sources.

For users focused on creating visually compelling reports, the introduction of color palettes and custom color options provides enhanced customization. Additional chart properties include sub-chart options for zoom functionality, custom map icons, and advanced data label customization, offering greater control over report aesthetics. At the dashboard level, new features include free-floating filter components, reset button functionality, drill-through with full-screen options, dropdowns with custom value-based actions, and border properties with multi-select capabilities.

Performance improvements have also been achieved, with filter value selection now operating 80% faster.

In the context of a rapidly evolving business environment, business intelligence tools are becoming essential for data-driven decision-making. Industry insights from Fortune Business Insights highlight the BI market’s projected growth from $24.05 billion in 2021 to $43.03 billion by 2028, with a compound annual growth rate (CAGR) of 8.7%. Despite this growth trajectory, BI adoption rates remain modest, with only 26% of organizations leveraging these tools, according to 360Suite. Helical Insight aims to bridge this gap, providing businesses of all sizes with tools to transform data into actionable insights.

For further information or media inquiries, contact support@helicalinsight.com. Additional details about Helical Insight can be found at https://www.helicalinsight.com.

Register here for a free trial and download the enterprise version. The free open-source community version can be downloaded from github.

Media Contact
Company Name: Helical IT Solutions
Contact Person: Nikhilesh Tiwari
Email: Send Email
Phone: 7893947676
Country: India
Website: https://www.helicalinsight.com/

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Press Release

Storm Pro Solution: Empowering Communities with Expert Storm Restoration and Future Growth

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Storm Pro solution, a leading provider of storm restoration, roofing replacements, and water damage restoration, is dedicated to serving residential and commercial property owners in Asheville, NC, and surrounding areas. With a commitment to expert craftsmanship, cost-effective solutions, and outstanding customer care, Storm Pro Solution ensures properties regain their safety and integrity after storm or water-related damage.

The company specializes in helping communities recover from the devastating effects of severe weather events by providing top-tier restoration services tailored to individual needs. From roof repairs to comprehensive property restoration and water damage restoration, Storm Pro Solution has earned the loyalty of clients through its unwavering dedication to quality and transparency.

At Storm Pro Solution, we understand that restoring homes and businesses after a storm is about more than just repairing structures; it’s about rebuilding lives and communities, said Chad Neal one of the trusted leaders at Storm Pro Solution. “Our team is deeply committed to delivering results that exceed expectations while maintaining the highest standards of professionalism and integrity.

Expanding Horizons: A Strategic Vision for 2025

As part of its growth strategy, Storm Pro Solution is set to expand its operations in 2025. This expansion will enable the company to serve more communities, create additional job opportunities, and solidify its position as an industry leader. To support this ambitious growth plan, the company is preparing a Private Placement Memorandum (PPM) that will offer equity and debt investment opportunities to strategic partners. We believe in the power of partnerships to drive growth and innovation, added Chad Neal. “Our upcoming funding initiative will allow us to bring in like-minded investors who share our vision of delivering exceptional restoration services while making a meaningful impact on the communities we serve.”

Why Storm Pro Solution is a Strong Investment

  • Proven Expertise: Years of hands-on experience in storm restoration and property repairs.
  • Unmatched Customer Care: A reputation for delivering personalized service with a focus on quality and reliability.
  • Market Potential: Increasing demand for restoration services due to unpredictable weather patterns.
  • Growth-Oriented Vision: A clear roadmap for scaling operations and increasing market share.

About Storm Pro Solution

At Storm Pro Solution, we are dedicated to providing top-quality roofing replacements and damage restoration services for both residential and commercial properties. With a blend of expert craftsmanship, superior materials, and affordable pricing, we deliver dependable solutions that safeguard your home or business from the elements. the company has established a reputation for trust, quality, and customer satisfaction. With plans for significant expansion and investment opportunities on the horizon, Storm Pro Solution is poised for an exciting future.

For more information about Storm Pro Solution, its services, and its growth plans, visit the company’s official website at www.stormprosolution.com. Stay updated on the latest developments and explore how you can become part of this exciting journey.

Contact Details

Company name: Storm pro Solution 

Website link: www.stormprosolution.com

Contact Email: sales@stormprosolution.com   

Country: United States 

City: Asheville, NC

Contact person name: Chad Neal 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Optcoin Exchange: Building the World’s Safest Trading Environment with U.S. MSB Certification and UK Company Registration

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New York, December 26th, 2024 – In the ever-evolving fintech and cryptocurrency sectors, security and compliance remain top concerns for investors. Optcoin Exchange has long established itself as a trusted platform by leveraging its U.S. Money Services Business (MSB) certification, issued by the Financial Crimes Enforcement Network (FinCEN), and its UK company registration, providing a strong foundation for investor confidence.

Global Compliance Standards to Ensure Peace of Mind

The U.S. MSB certification represents the gold standard in financial service compliance, requiring platforms to maintain robust Anti-Money Laundering (AML) and Know Your Customer (KYC) capabilities. Meanwhile, the UK company registration underscores Optcoin Exchange’s status as a globally recognized and legitimate business entity. These authoritative credentials not only highlight the exchange’s excellence in regulatory adherence but also reinforce investor trust in the platform.

“We understand that security and trust are the cornerstones of any exchange’s operations,” said Thomas Miller, Spokesperson of Optcoin Exchange. “As a platform with dual certifications from the U.S. and UK, we are committed to delivering the highest level of fund and data protection to our users.”

The Preferred Platform for Investors

Thanks to its unwavering commitment to stringent international compliance standards, Optcoin Exchange serves a diverse clientele, including individual investors, high-net-worth clients, and institutional players. With a solid compliance foundation, the platform ensures industry-leading safeguards for users, covering fund security, data privacy, and transactional transparency.

Innovation and Steady Growth

Beyond compliance, Optcoin Exchange integrates technological innovation with user needs, continuously enhancing platform functionality and user experience. By maintaining its focus on security, compliance, and keen insights into market trends, the exchange is poised to remain at the forefront of the industry.

About Optcoin Exchange

Optcoin Exchange is a leading platform dedicated to providing safe, transparent, and innovative trading services. With a customer-centric approach, the exchange continuously optimizes trading processes to protect user interests and aims to create a trustworthy global trading environment for investors.

Contact Information:

Company Name: Optcoin Exchange

Contact person: Thomas Miller

Mail: support@optcoin36.com

Website: https://optcoin36.com/

City & Country: New York, United States

SOURCE: Optcoin Exchange

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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