Abu Dhabi’s first fintech innovation challenge for start-ups launched
Abu Dhabi Global Market (ADGM) and KPMG are launching the first Fintech Abu Dhabi Innovation Challenge – a five-week programme for “innovative and mature start-ups across the globe”.
The companies will be able “to conceptualise and present market-ready solutions that can address real business challenges identified in the financial services industry in the Middle East, Africa and South Asia (MEASA) region”, say ADGM and KPMG.
The start-ups will also stand a chance of winning the prize money of $15,000.
During the programme, ten finalist teams will work on developing solutions to specific problem statements, divided into six focus areas:
- financial and investment management;
- financial inclusion;
- regtech;
- trade finance;
- insurtech;
- private capital markets.
The winners of Fintech Abu Dhabi Innovation Challenge will be unveiled on 22 October 2017.
As part of ADGM’s collaboration with the Monetary Authority of Singapore (MAS), the winners will also be able to participate in the Singapore Hackcelerator event.
The application window is 6-25 August 2017. Interested start-ups can apply here.
Banking Technology Awards 2017 are now open for entry!
Know any innovative products, inspirational projects, skilled teams or visionary leaders that deserve a special recognition this year? Nominate them for a Banking Technology Award!
Deadline for submitting the nominations is 25 August 2017.