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ADGM and KPMG launch FinTech Abu Dhabi Innovation Challenge

Mature fintech start-ups invited to demonstrate solutions to real business challenges

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Abu Dhabi Global Market (ADGM) and KPMG have come together to launch an Innovation Challenge that invites innovative start-ups to address emerging business challenges identified by financial institutions in the Middle East, Africa and South Asia (MEASA) region

The Innovation Challenge, as part of the inaugural FinTech Abu Dhabi event on 22 and 23 October 2017, includes an intensive five week programme. During the programme, 10 shortlisted teams will work on developing their solutions to specific problem statements within six focus areas: Financial and Investment Management, Financial Inclusion, RegTech, Trade Finance, InsurTech and Private Capital Markets. 

Benefits for the 10 shortlisted teams

  • US$ 15,000 cash stipend 
  • Start-up initiation and mentoring sessions
  • Support from industry leaders and subject matter experts
  • Live demo to a panel of industry experts at the FinTech Demo Day in Abu Dhabi
  • Opportunities to enter or expand into the MEASA financial services sector
  • Fast-tracked consideration for admission to ADGM’s Regulatory Laboratory (RegLab) programme

Bonus for the ultimate winners
Two ultimate challenge winners will be announced at the Fintech Abu Dhabi event on 22 October 2017. In addition to the above, the two winners will also have the opportunity to demo their solutions at the upcoming Singapore Fintech Festival.

Submit your application before 25 August 2017
Individuals and mature start-ups with a working prototype and go-to-market strategy are encouraged to apply to the FinTech Abu Dhabi Innovation Challenge via https://matchi.biz/Abudhabifintech The call for submissions for the program is already open and submissions will be accepted until 25 August 2017.

“We are excited to team up with KPMG in developing and organising the FinTech Abu Dhabi Innovation Challenge. This is a great opportunity for FinTech start-ups to interact with the brightest minds in the industry to leverage the guidance and mentorship of industry experts to come up with solutions to address and solve some of the sector’s challenges and pain-points.” Mr Wai Lum Kwok, Executive Director (Capital Markets), Financial Services Regulatory Authority of ADGM.

For any additional information, please contact Catherine Miller  

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