Officials of the second edition of the Dubai FinTech Summit (DFS) announced that fintech income has increased globally and mainstream adoption of digital currencies has increased.
According to Amac News: Aref Amiri, executive director of DIFC, pointed to the six-fold growth of fintech income globally, and predicted that fintech will capture 5% more of the global financial services market share in the coming years.
Organized by the Dubai International Financial Center (DIFC), the summit was held under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of DIFC.
Amiri pointed to DIFC's success in attracting more than 5,500 financial services companies. These banks include global and regional banks, asset and wealth managers, insurance and reinsurance companies, family offices and support companies.
He also highlighted the presence of over 42,000 professionals, making DIFC the region's deepest and widest pool of financial talent.
With the end of the second fintech summit, the officials announced that the third session of this summit will be held on May 7-8, 2025.