DFS Dialogues unpack current financial stability with banks & Fintechs 

DFS Dialogues unpack current financial stability with banks & Fintechs 

Dubai International Financial Center (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has hosted the second Dubai FinTech Summit (DFS) Dialogues this week, powered by the Innovation Hub.

Heads of 10 leading regional banks and FinTechs were invited to unpack the challenges facing the financial sector and deliberate on how the industry can de-risk and build resilient, sustainable financial institutions.

According to recent research by Report Ocean, the global FinTech Lending Market was valued at approximately $573.05 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 27.4 percent over the forecast period 2022-2029.

Mohammad Alblooshi

Head

DIFC Innovation Hub & FinTech Hive “As an industry predicated on confidence and trust, we are currently seeing the banking sector experience a time of disruption. Given global headwinds, we have an opportunity to build more resilient institutions through collaboration between banks and FinTechs. Through conveners such as this roundtable and the first-ever Dubai FinTech Summit in May, we are facilitating dialogue and avenues of collaboration for long-standing financial institutions, regulators, and promising entrepreneurs to together map out how the sector can, and should, move forward.”

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