Fintech innovation seen to drive safe, enhanced user experience in Qatar

Fintech innovation seen to drive safe, enhanced user experience in Qatar

Innovations in financial technology (fintech) will continue to drive better user experience and safe transactions, among other solutions, being offered by tech startups in the local market. This was among the varied topics discussed by a panel of fintech startup founders based in Qatar during Startup Grind Doha Chapter’s regular discussion titled ‘What’s Next for Fintech Startups in Qatar’, which was held recently. Moderated by Business Start Up Qatar CEO and founder Steve Mackie, the panel was composed of Ahmed Isse, co-founder of Dibsy; Mohamed al-Delaimi, founder and managing director of SkipCash; Michael Javier, CEO and founder of CWallet; and Mohamed Suleiman, co-founder of Karty. According to Isse, “one of the biggest trends that happened in Qatar” is one-click payment solutions like Apple Pay, Google Pay, and Samsung Pay, among others. He noted that Dibsy is also focusing on fraud prevention, citing the use of machine learning to address the issue. Isse also underscored the importance of localisation or the knowledge of the local market, which, according to him, is how home-grown companies can add value as compared to the solutions being offered by their counterparts abroad. “Local companies understand localisation; we might have some similarities with other international start-ups