UAE FinTech sector to benefit from access to funding and expertise – The National

UAE FinTech sector to benefit from access to funding and expertise – The National

Access to funding, expertise and collaboration between regulators and FinTech players will support innovation in the finance industry going forward, senior officials have said.

“The financial industry is undergoing a profound and unprecedented transformation powered by digital technologies and innovation that are reshaping payments, lending, insurance and wealth management,” Essa Kazim, governor of Dubai International Financial Centre, said on Tuesday.

Mr Kazim was speaking at DIFC FinTech Week, a two-day event for key players in the sector to discuss the future drivers of growth in financial services.