DIFC Partners with Singapore Blockchain Accelerator

DIFC Partners with Singapore Blockchain Accelerator

Dubai International Financial Centre (DIFC),has reaffirmed its commitment to Asian FinTech partnerships and advancing the Centre's FinTech ecosystem.. DIFC has signed a Memorandum of Understanding (MOU) with Tribe Accelerator, the first Singapore government supported Blockchain accelerator, to collaborate on knowledge sharing and to partner during joint events.. The agreement follows DIFC Authority and DIFC FinTech Hive's recent participation during the Singapore FinTech Festival, the largest financial technology event in the world, boosting DIFC's profile within the region and generating ongoing business development opportunities.. DIFC's dynamic FinTech ecosystem has more than 100 FinTech companies in the Centre, reflecting a three-fold growth in registered FinTech firms since the end of 2018, intimating a sharp rise in 2019 as leading international and regional FinTech companies choose the DIFC as their preferred jurisdiction from which to scale their business in the region.. "Dubai is the gateway to the MEASA region for aspiring FinTech firms, innovators and entrepreneurs seeking to expand in the region.. Our MOU with Tribe Accelerator reinforces the robust and collaborative business relationship between Dubai and Singapore based firms, as well as DIFC's strategic goal to drive the future of finance through an enabling business environment.. DIFC works with stakeholders regionally and