DIFC Innovation Hub concludes ‘Investor Day’ with over $600 million in funding

  • Date: 19-Dec-2023
  • Source: Khaleej Times
  • Sector:Financial Markets
  • Country:UAE
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DIFC Innovation Hub concludes ‘Investor Day’ with over $600 million in funding

Published: Tue 19 Dec 2023, 6:36 PM

DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, concluded its annual flagship Investor Day, with over 500 people attending the event, including key figures from the investor community and finalists of the ninth edition of the FinTech Accelerator Programme and the seventh edition of AccelerateHer.

The event was attended by Essa Kazim, Governor, DIFC, and Arif Amiri, Chief Executive Officer, DIFC Authority, who actively engaged with speakers, investors and entrepreneurs.

Delivering the opening keynote, Mohammad AlBlooshi, Chief Executive Officer, DIFC Innovation Hub, said, “The FinTech Accelerator Programme has a phenomenal track record of empowering start-ups by helping them to transform their ideas into products and offerings unique to the financial market. The solutions showcased this year are some of the best we have seen within the industry and we congratulate these pioneers on successfully completing their programmes. We have numerous success stories to share, with over 200 start-ups graduating from our programme that have collectively raised over $600 million in funding. In 2023, the programme also saw a record-breaking number of participants with over 700 applicants for a single cohort, out of