In a groundbreaking partnership, Emirates NBD, one of the leading banks in the United Arab Emirates, is teaming up with Hub71, a global tech ecosystem based in Abu Dhabi, to drive fintech innovation in the region. This collaboration aims to foster the growth of startups and entrepreneurs in the financial technology sector by providing strategic support, resources, and mentorship to cultivate groundbreaking solutions.
Emirates NBD, known for its commitment to innovation in the banking industry, is excited about this collaboration as it aligns with their vision of driving digital transformation and creating a more connected and seamless financial ecosystem. With Hub71’s vibrant community and access to global markets, this partnership will significantly fuel the growth of fintech startups and enable them to leverage state-of-the-art infrastructure and funding opportunities.
The collaboration will focus on various aspects, including funding, mentorship, and collaboration opportunities with industry experts. Startups in the program will gain early access to Emirates NBD’s extensive network of clients and partners, opening up opportunities for collaboration with established financial institutions to test and validate their innovative solutions.
“We are thrilled to partner with Hub71 to accelerate fintech innovation in the UAE and beyond. This collaboration will provide startups with a unique platform to develop their ideas and transform the financial services industry,” said Abdul Aziz Al Ghurair, CEO of Emirates NBD Group.
Hub71, launched under the Ghadan 21 program, supports the growth of tech startups by providing programs, mentorship, and access to investment opportunities. By partnering with Emirates NBD, Hub71 aims to strengthen its position as a leading tech ecosystem in the region and attract top fintech talent globally to Abu Dhabi.
The collaboration between Emirates NBD and Hub71 is set to drive innovation in fintech, ultimately benefitting customers by offering more advanced, secure, and accessible financial services. As the fintech industry continues to revolutionize banking operations, this partnership will contribute significantly to the growth and development of the financial sector in the UAE and propel the country as a global fintech hub.