ADGM Innovation Challenge hosted by FSRA opens for applications with corporate champions HSBC, RAKBANK & Aldar

ADGM Innovation Challenge hosted by FSRA opens for applications with corporate champions HSBC, RAKBANK & Aldar

- The ADGM’s Financial Services Regulatory Authority (FSRA) will again this year facilitate the Corporate Champions who are all set to host demo days at their respective offices for shortlisted applicants, focused on their specific challenge statements and enabling them to pitch to an audience of internal stakeholders for commercial collaborations.

Abu Dhabi: Abu Dhabi Global Market (ADGM), the leading international financial centre based in Abu Dhabi, is pleased to launch the latest edition of the annual Innovation Challenge. ADGM’s annual Innovation Challenge has been developed to connect innovative financial solution providers with a variety Corporate Champions to encourage innovative, and sustainable economy for the future. With multiple successful editions since 2017, it returns with its sixth edition in 2023.

This year, ADGM is partnering with leading Corporate Champions from the financial services and real estate sectors to develop challenge statements and put out a global call for applications to start-ups and technology vendors. The core of the initiative is to support and augment the existing processes of these businesses. The lead Corporate Champions participating are HSBC & RAKBANK, joined by Abu Dhabi-based real estate developer Aldar. A list of the specific challenge statements issued by each Corporate Champion is available on