Tag "Dubai International Financial Centre (DIFC)"

Tarabut Gateway Becomes First Regulated Open Banking Platform in the UAE

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, the leading global financial centre

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Leading Irish Fintechs Participating in Dubai

Leading Irish Fintech companies will be in Dubai to take part in the Irish Fintech Innovation Showcase event organised by Enterprise Ireland, the Irish Government’s trade and innovation agency in collaboration with the Commercial Bank of Dubai (CBD) and Dubai

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New Virtual Asset Regulation, Licensing Framework Coming to Dubai Free Zone

As investment and trading activity in virtual and digital assets continue to grow in the Middle East, economic zone financial regulator, the Dubai Financial Services Authority (DFSA), is looking to introduce new regulation for the asset class as well as

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New DIFC Innovation Hub Launched to Spur on Dubai’s Fintech Ecosystem

The DIFC Innovation Hub has been officially launched as part of the new Dubai Future District announced in January 2020 with over 350 fintech and innovation firms to spur on the fintech sector. The Dubai International Financial Centre (DIFC) is

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Fintech in 2020: Key Developments that Shaped UAE’s Fintech Industry This Year

The United Arab Emirates (UAE) is the largest fintech hub in the Middle East and North Africa (MENA) and home to half of the region’s fintech companies. As of November 2020, the UAE accounted for over 60% of funds raised

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UK Startup Ebury First to Receive Financial Services License Under DFSA

Dubai International Financial Centre (DIFC), announced that Ebury, a UK fintech startup offering cross-border financial services and risk management, has been granted a Financial Services license to carry out the regulated activity of providing Money Services from the center. Ebury,

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DIFC Innovation Hub Launched to Bolster Dubai’s Fintech Ecosystem

DIFC has launched its startup incubator dubbed as the DIFC Innovation Hub. Collectively, over 250 firms are able to work together to develop and introduce innovative solutions and business models that will redefine the future of finance with the aim

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Ripple Sets Up Regional Headquarters in Dubai

Dubai International Financial Centre (DIFC) announced that Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters there. Ripple reportedly chose DIFC for its “innovative regulations, expansive network and reputation as a leading global financial center”. Cointelegraph previously

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DIFC Launches New License for Tech Startups and Entrepreneurs

The Dubai International Financial Centre (DIFC), a special economic zone in Dubai and a financial hub for the Middle East, Africa and South Asia (MEASA) markets, has launched a new license for startups, entrepreneurs and technology companies. The Dubai Innovation

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Dubai Pushes Region’s First Digital Security Capital Raise

Dubai International Financial Centre (DIFC) has announced that investment banking and wealth management firm GRIP is undertaking a fully digital capital raise for Lead Real Estate, a Tokyo headquartered residential and commercial developer, this month. DIFC’s regulations, laws and structures

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