back Back

FinTech Aviv signs MoU with DIFC to build Israel-UAE relations

By Leandra Monteiro

May 15, 2023

  • DIFC
  • Digital Transformation
  • Dubai International Finance Centre
Share

FinTech AvivFinTech Aviv, the Israeli FinTech association, signed a memorandum of understanding (MOU) with the Dubai International Finance Centre (DIFC).

FinTech Aviv was established in 2014 and, since then, has grown to count more than 40,000 individuals as members. The FinTecg operates at the heart of Israel’s FinTech space and helps shape the ‘Startup Nation’s’ finance and technology ecosystem.

Now, FinTech Aviv is taking bold steps to encourage further growth of Israeli FinTech. Following the signing of the historic Abraham Accords in 2020, which normalised relations between Israel and the UAE, the association has sought to boost export opportunities for Israeli FinTechs in the Gulf and beyond. The MOU with DIFC will help both Israel and the UAE collaborate further in FinTech innovation and offer exciting opportunities to companies residing in both Tel Aviv and Dubai.

Nir Netzer, Chairman, said, “In this unprecedented time of new economic and political order in the Middle East, we are honoured to strengthen our relationships and partners network in the Gulf Cooperation Council (GCC) region and to extend this unique collaboration with DIFC in order to facilitate the export of Israeli technologies to new markets.

“The FinTech Aviv community, and its more than 40,000 Israeli and worldwide members, proudly hold the torch of this exciting initiative and are humbled to be leading Israeli FinTech companies towards the exploration of new horizons with new business partners.”

Previous Article

May 15, 2023

Turvo unite with Denim to simplify freight broker payments

Read More
Next Article

May 15, 2023

Array introduces Subscription Manager to track recurring payments

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

DIFC

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 12, 2024

Navy Federal Credit Union expands partnership with Backbase

Read More

April 12, 2024

FinTech Focus: Catch latest developments of the week

Read More

April 12, 2024

N26 launches Joint Accounts to help customers to manage shared finances

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023