11 Global FinTech Firms Triumph As Finalists For FinTech Abu Dhabi Innovation Challenge

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, in collaboration with KPMG, announced that 11 outstanding global FinTech firms have been shortlisted for the inaugural FinTech Abu Dhabi Innovation Challenge in October. The selected firms are currently undergoing an intensive five-week programme (which kicked-off on Sunday 17th September), which allows them to contextualise and present market-ready solutions tailored for the Middle East, Africa and South Asia (MEASA) region.

Overcoming stiff competition from 166 applicants, the 11 successful companies come from a number of different countries including four applicants from Singapore, two from India, one from Hong Kong, one from China, one from Canada, one from the United Kingdom and one from the UAE. Each of the applicants put forward exceptional ideas that provided innovative and game-changing solutions to a series of problem statements to address real business challenges that the financial services industry currently faces.