Abu Dhabi Global Market (ADGM) launched the FinTech Abu Dhabi Awards to highlight the main figures behind the contributions made in the MENA fintech ecosystem.
The deadline for the nominations of the FinTech Abu Dhabi awards is September 23rd. The awards will include nine categories: UAE FinTech of the Year, MENA FinTech of the Year, Emerging Markets Fintech of the Year, FinTech Investor of the Year, FinTech Accelerator of the Year, FinTech Corporate, Innovation Programme of the Year, Emerging FinTech Talent of the Year, FinTech Leader of the Year and FinTech Woman of the Year.
Each award will be assessed based on specific criteria and the positive effect the candidates have had on the fintech community. Winners will be announced during the 3rd FinTech Abu Dhabi Festival that will take place from October 21st to 23rd.
Richard Teng, CEO, Financial Services Regulatory Authority of ADGM, noted that the purpose of the awards is to bring to limelight the achievement of those individuals who are spearheading the transformation of the fintech landscape in the region. He believes in appreciating the tremendous achievements of fintech leaders whose solutions have been adopted across institutions.
Furthermore, ADGM also announced that it was partnering with KPMG Lower Gulf (KPMG LG) to launch the third round of FinTech Abu Dhabi (FinTechAD) Innovation Challenge. The aim of the challenge is to appreciate the creative problem-solving skills that fintech startups can bring to the community to resolve the most pressing issues that are faced by the region today. These issues are organized as part of a list of 15 FinTech problem statements that belong to categories ranging from insurance to digital marketplaces. The winners will be rewarded with an expedited application to Hub71 and a chance to represent Abu Dhabi at the Singapore FinTech Festival among other perks.
Applications will be open until 23rd September for businesses to submit their ideas. The successful ones will present their solutions to an audience of corporate executives, investors, representatives at the FinTech Abu Dhabi Festival.