Geidea welcomes His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum to its booth at DFS

Geidea welcomes His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum to its booth at DFS

UAE, Dubai: Dubai Fintech Summit was officially inaugurated today by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai; Deputy Prime Minister and Minister of Finance of the UAE; and President of the Dubai International Financial Centre.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum being welcomed to Geidea booth by CEO Renier Lemmens and board member Nabil Ismail.

Geidea, one of the largest FinTech companies in the region and this year’s Dubai FinTech Summit’s Presenting Sponsor, had the honour of briefly showcasing its cutting-edge financial solutions to His Highness Sheikh Maktoum who was welcomed by CEO Renier Lemmens and board member Nabil Ismail at their booth.

Geidea, which has 75 percent market share of the FinTech payment service sector in Saudi, provides more than 700,000 terminals in the region. During the summit, the company will showcase products, including a newly launched point of sale (PoS).

“We are delighted to have the support of one of the Middle East’s leading financial services companies,” said Mohammad Alblooshi, Head of DIFC Innovation Hub and FinTech Hive.

“The Dubai FinTech Summit will be a truly global platform, gathering the world’s FinTech community to help shape the future of this rapidly growing sector.