EDB, Hub71 host event to support Abu Dhabi’s leading fintech firms

ABU DHABI / WAM

Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, and Hub71, Abu Dhabi’s global tech ecosystem, have
co-hosted the ‘Hub71 FinTech Pitch Day’ at the EDB Business Lab Abu Dhabi to support and explore growth opportunities for Hub71’s leading fintech startups.
Nine Hub71 fintech startups presented advanced technology-enabled financial solutions and capabilities to the EDB decision forum and EDB fintech partners, including SME funding
support solutions, payment solutions and open banking
solutions. The solutions showcased offered unique approaches to conceptualise digital financial platforms for SMEs segment customers.
Shaker Zainal, Chief mSMEs Officer at Emirates Development Bank, said, “As the UAE’s development bank, EDB views our nation’s fintech companies as partners in the development of solutions which financially enable our customers to
contribute to the economic competitiveness and industrial advancement of the UAE. We are pleased to have co-hosted the ‘Hub71 FinTech Pitch Day’, and value the opportunity to meet with leading representatives driving innovation within Abu Dhabi’s global tech ecosystem.”
Elodie Robin, Head of Growth & Strategy at Hub71, commented, “At Hub71, innovation thrives through effective partnerships and collaborations that spur the growth of key sectors and boost the digital economy.”