Fintech Surge 2023 in Dubai has 100+ exhibitors showcasing the $949 billion fintech sector’s rapid growth and global banking’s future.
The world’s largest fintech industry conference, Fintech Surge 2023, is set to take place at the famous Dubai Harbour from October 15–18. The event, which is co-located with Expand North Star and serves as a nexus for global fintech players, will feature more than 100 exhibitors.
The global fintech sector, which has changed dramatically, is expected to reach $949 billion by 2030, expanding 17.2% from 2022 to 2030. Start-ups are threatening existing banks, and fintech innovation is accelerating due to digital technology, changing customer tastes, laxer non-bank financial services rules, and increased funding.
The UAE is home to 24% of MENA’s fintechs, attracting investors and innovators.
Furthermore the King Dubai Crown Prince Sheikh Hamdan bin Mohammed created a $100.7 million venture capital finance fund to help firms develop abroad. To match the industry’s rapid growth, the Emirate’s cutting-edge regulatory environment is changing.
This expansion will allow Fintech Surge 2023, a GITEX Global production, to take advantage of the Middle East’s pioneering status and bring Silicon Valley’s energy to the burgeoning region.
Moreover executive vice president of the Dubai World Trade Centre Trixie LohMirmand states: “The epicentre of the technological revolution is Fintech Surge.” It brings together some of the most creative and intelligent minds in the business, and it is there that complex conversations turn into practical ideas that business owners and investors can use to their advantage.
“This is the place where we go beyond slogans and turn artificial intelligence and big data into real, actionable steps, and where strategic cross-border partnerships that will revolutionise the fintech industry are born.”
Fintech Surge will have two conference tracks with over 80 international professionals present to talk about the trends driving the industry.
SMEs’ empowerment and investor connections
The fintech business has experienced a seismic upheaval and is currently confronted with a number of issues, such as security breaches, user retention, compliance with various worldwide government regulations, and a shortage of mobile and computer talent.
In an effort to address these issues, the Digital Banking and Finance Summit will offer information on how fintech companies throughout the world may profit from expanding markets.
“Improving SME’s access to finance and providing innovative solutions to navigate the complexities of the financial world is critical, and we are committed to revolutionising the way individuals and businesses manage their finances,” stated Nosaibah Alrajhi, founder and CEO of Forus Invest.
“Fintech Surge offers us a fantastic forum to interact with the most knowledgeable individuals in the sector and demonstrate how we are enabling small and medium-sized enterprises and fostering connections with investors by providing simpler access to business finance solutions and investments.”
Fintech Surge will function as a dynamic launching pad for international startups as well. Moreover a recently launched programme called “SME Elevate” aims to provide SMEs with strategic direction, investment insights, partnership opportunities, and counsel to help them negotiate the persistent difficulties of limited capital access and digital financial literacy.
Prominent speakers from industry leaders will offer their advice on navigating the quickly changing world, including Swift, Klarna, Mastercard, Morgan Stanley, World Economic Forum, Standard Chartered Nexus, and IFC (World Bank). Finally among other important subjects on the programme are embedded finance, global strategy and governance, digital trends impacting retail in the future, and capitalising on global and regional investment funds.
