Visa Joins Forces With Dubai FinTech Summit As Founding Partner And Co-Host

Visa, a global leader in digital payments, has announced its role as a Founding Partner & Co-Host for the Dubai FinTech Summit (DFS), organized by Dubai International Financial Centre (DIFC). This partnership is solidified through a strategic three-year agreement, highlighting Visa's commitment to fostering innovation within the fintech ecosystem. The collaboration with DFS is part of Visa's broader efforts to support FinTechs through initiatives like the Fast Track programme, Accelerators, and Visa Everywhere. These programs aim to provide FinTechs with the resources and personalized tools needed to develop new solutions that benefit the digital economy.

Mohammad Alblooshi, CEO of DIFC Innovation Hub, expressed enthusiasm about the partnership, stating, "Our alliance with Visa aligns perfectly with our aim to provide a dynamic environment for innovation and enterprise to flourish in Dubai and beyond as we shape a resilient financial ecosystem." He further emphasized the importance of Visa's support and expertise in delivering an exceptional event that will inspire and empower the FinTech community.

Hasan M. Kazmi, Vice President and Head of Digital Partnerships for Visa CEMEA, shared insights into Visa's involvement, "At Visa, we recognize the role of FinTechs in developing innovative payment solutions and enabling the growth of the digital economy. Our participation as a co-host sponsor of the Dubai FinTech Summit provides us and our partners with a valuable platform to explore collaborative opportunities and drive further innovation in digital commerce."

The choice of Dubai and DIFC as the venue for this summit underscores the region's position as a global center for innovation. The event aims to bring together over 8,000 decision-makers, more than 300 thought leaders, and 200 exhibitors. Scheduled for 6th-7th May 2024 at Madinat Jumeirah, Dubai, the summit promises an unprecedented gathering showcasing new technologies. By facilitating meaningful discussions and connections among global FinTech and technology experts, the summit is set to shape the future of finance not only in the region but also on a global scale.

Visa's strategic partnership with DFS through this three-year agreement demonstrates its dedication to supporting innovative businesses worldwide. By empowering FinTechs with necessary resources and tools, Visa continues to play a pivotal role in enhancing the digital economy for consumers and businesses alike. The Dubai FinTech Summit represents an important milestone in fostering collaboration and innovation within the financial sector.

With inputs from WAM