MENA Fintech Association (MFTA), an inclusive, not for profit organisation that aims at fostering an open dialogue for the MENA fintech community, has been formally launched at an event held at Abu Dhabi Global Market (ADGM).
The event was attended by fintech leaders from across the industry, including 22 financial regulators from the MENA region, government representatives, global and regional enterprises and the MFTA community. Together, they recognised and celebrated the Association’s achievements to date, since its inception at last year’s FinTech Abu Dhabi event, and also launched new initiatives that will shape the future of financial services in the region.
MENA Fintech Association has established 46 country bridges globally, had global experts address the local fintech community and brought together the MFTA community to socially impact lives. MFTA, with its technical and social events, has impacted 1000+ individuals’ lives and has, within a short span of time, worked with Arab Monetary Fund to establish a fintech framework. Through its global talent exchange programme, in collaboration with corporate members, MFTA also launched their first publication: Regulation Simplified.
At the event, MENA Fintech Association also signed alliances with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), for strategic initiatives on financial inclusion and developments of financial services in the region, and the American University in Dubai, for specific academic projects and collaboration on ecosystem development initiatives for fintech startups and industry stakeholders, such as partnerships on accelerator programmes, curriculum and capacity development.