DIFC Fintech Accelerator To Run Hybrid Format in 2021, Attracting World-Class Innovation in Finance

DIFC Fintech Accelerator To Run Hybrid Format in 2021, Attracting World-Class Innovation in Finance

The Fintech Accelerator 2021 will be run as a hybrid format this year, opening up participation to fintech startups from around the world that are looking to access the Middle Eastern markets, as well as benefit from DIFC's position as an international financial hub. Bringing together an unrivalled community of the region's leading financial services companies, such as banks, investment and insurance firms, the Fintech Accelerator 2021 will pair participating fintechs with industry partners, enabling them to work flexibly in order to unlock new growth opportunities. Benefits include workshops, marketing and PR exposure, networking, partnerships and access to the DIFC's regulatory sandbox through its Innovation Testing License. Participants will also have the opportunity to pitch their businesses to key stakeholders and investors, including the DIFC's own $100 million Fintech Fund. Furthermore, by offering two innovation sprints, the DIFC Fintech Hive Accelerator will also be able to support an increasing number of startups as it seeks to strengthen the DIFC's Innovation ecosystem further. This follows on from the success of 2020, when DIFC more than doubled the number of businesses within its fintech and innovation ecosystem to 303 companies. "This year, we are taking the DIFC Fintech Hive Accelerator to the