Gulf Business

Raja Al Mazrouei

Executive vice president, DIFC Fintech Hive

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With 50 per cent of all fintech businesses within the UAE operating out of the Dubai Internatio­nal Financial Centre (DIFC), DIFC Fintech Hive – which serves as an accelerato­r to fintech, insurtech, regtech and Islamic fintech firms – tripled its operating space in the first half of 2020. Al Mazrouei has previously worked at Dubai Holding and the National Bond Corporatio­n, and is now steering Fintech Hive in a new strategic direction by opening to markets such as Israel. Fintech Hive can also lean on other programmes such as the $100m DIFC Fintech Fund and the DIFC Innovation Hub which allows fintechs to avail of the ‘Innovation Testing Licence’ regulatory sandbox.

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