ADGM, PwC collaborate to launch inaugural Fintech Abu Dhabi Summit in October

Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, has announced its partnership with big four auditing company PricewaterhouseCoopers (PwC) in order to launch the inaugural Fintech Abu Dhabi Summit in October 2017.

According to ADGM, the Fintech Summit is part of its fintech initiatives and an array of local and international activities that kicked off in November 2016 and to continue for the rest of 2017.

The Fintech Abu Dhabi Summit aims to bring together local and global financial institutions, fintech start-ups and participants, investors, regulatory agencies and the business community to network in order to collaborate and exchange knowledge in fintech developments and innovations.

“We are pleased to collaborate with PwC to develop a forward-thinking and world-class summit that will define the vision of FinTech in the MENA region. Having successfully launched the Regulatory Laboratory in November last year, the FinTech Abu Dhabi Summit will be designed as a catalyst event that provides immersion and discussions that will challenge the stakeholders to think ahead of the ecosystem needed to support FinTech innovation. It will be an open platform that supports greater collaboration and valuable networking across ecosystem players and builders,” Richard Teng, CEO of the Financial Services Regulatory Authority of ADGM, said.

Earlier this month, ADGM signed a cooperation agreement with Monetary Authority of Singapore (MAS) to drive the fintech entrepreneurship and support innovation in financial services in both the countries.

By leveraging the global network and expertise of PwC along with the partners of ADGM, the Fintech Summit will see distinguished influencers, leaders, and entrepreneurs from across the globe. The summit will address key topics in the industry including payment services and market infrastructure, enabling financial inclusion, deposits, lending and capital raising, investment management, fintech regulations, among others.

“We are excited to collaborate with ADGM to highlight Abu Dhabi’s strengths as a regional Fintech Hub and develop the framework and commitments needed for FinTech innovation to thrive in the MENA and GCC region,” Haskell Garfinkel, PwC partner, and fintech Co-Lead stated.

The Fintech Abu Dhabi Summit is a part of Fintech Abu Dhabi event that will have series of programs and events including Hackathon, demo day and fintech awards ceremony.