The Dubai FinTech Summit is scheduled for May 6-7 at Madinat Jumeirah, with expectations of attracting over 8,000 decision-makers, 300 thought leaders across five stages, and 200 exhibitors showcasing advanced technologies. The event, organized by the Dubai International Financial Centre (DIFC), aims to facilitate discussions on the latest innovations, challenges, and cutting-edge technologies in the financial technology sector.

The FinTech industry has experienced significant growth, with over 800 start-ups valued at USD 15.5 billion in the market. Dubai is set to host the second edition of the Dubai FinTech Summit under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum. The summit will focus on promoting innovation, inclusivity, and growth in the financial technology landscape.

The global FinTech sector is rapidly expanding and is projected to reach a value of USD 608 billion by 2029. Despite a downward trend in the global market, the MENA FinTech market is expected to grow at a Compound Annual Growth Rate (CAGR) of over eight percent between 2024 and 2029.

This year's Dubai FinTech Summit aims to serve as a platform for start-ups, investors, and industry leaders to capitalize on the growing FinTech market in the MENA region and beyond. Discussions during the summit will focus on key themes such as Finance Renaissance, Ecofinance and Impact, as well as Regulatory Frameworks and Global Financial Dynamics. The event will feature a lineup of distinguished local and international speakers and include panel discussions and fireside chats.

One of the highlights of the Dubai FinTech Summit will be the FinTech World Cup Grand Finale, where winners will secure an investment of up to USD 1 million. The competition encourages cross-border collaboration and innovation to drive transformation in the global FinTech sector.

The second edition of the Dubai FinTech Summit aligns with Dubai's goal to establish itself as a top global financial hub by 2033. The event is designed to drive financial progress in the MEASA region by exploring emerging FinTech trends and fostering collaboration and innovation within the sector.

The inaugural Dubai FinTech Summit attracted over 5,000 C-suite leaders, investors, and speakers from around the world. The event also saw the signing of over 20 Memoranda of Understandings with global financial leaders. This year's summit aims to build on the success of the first edition by further promoting financial innovation, transformation, and growth in the international financial services sector.