DIFC FinTech Hive

Intella is a provider of visibility and insights that specializes in delivering real-time intelligence to businesses. The company has developed a cloud-based platform that offers on-demand consumer insights and facilitates the creation of surveys. Utilizing a proprietary algorithm, Intella extracts key findings from various market research methods, including surveys and focus groups. The platform also features analytical tools for real-time response analysis and data visualization, allowing clients to effectively engage with hard-to-reach consumer profiles. Through these capabilities, Intella enables businesses to monitor their brand equity and enhance their overall brand performance.

NOW Money is a financial technology company that leverages mobile banking to provide accounts and remittance services for the unbanked population in the Middle East, specifically targeting low-income migrant workers in the Gulf region. By offering a payment application, NOW Money facilitates access to essential financial services, enabling users to perform international money transfers and currency conversions at reduced costs. The company aims to include those who are typically excluded from the financial system, thereby promoting financial inclusion and offering significant savings on remittance transactions.

FlexxPay offers an online platform to employers whose employees can access their earned salaries & commissions instantly, before the regular payday.​ We provide an instant pay platform allowing employees to access a portion of already earned salaries whenever needed, thus ending financial stress.

Asante Financial Services Group is dedicated to promoting financial independence for businesses and individuals across Africa. The company specializes in providing a comprehensive suite of financial services, including loans, payment solutions, deposits, investment products, and insurance services. By focusing on micro, small, and medium-sized enterprises (MSMEs), Asante aims to meet the diverse needs of these businesses, enabling them to access essential credit financing and asset management solutions. Through its offerings, Asante strives to support the growth and sustainability of African enterprises, facilitating their journey toward financial autonomy.

Cynopsis Solutions offers AML Software and reduces the cost of regulatory compliance for the financial and professional services industries. Cynopsis is a RegTech Company founded and based in Singapore. ​ They help clients in the Financial Services Sector (including FinTech start-ups) and the Professional Services Sector better comply with ever-increasing regulatory requirements, in particular anti-money laundering (AML), counter-terrorism financing (CTF), and Know-Your-Customer (KYC). They offer a range of Software-as-a-Service (SaaS) products for their clients. This allows them to stay ahead of the regulatory curve and focus on what matters most - their Core Business.

Xpanse provides technologies and services that enable organizations to implement their Advanced Analytics initiatives. Xpanse Analytics developed Xpanse AI - an automated Predictive Analytics platform, which delivers models from raw non-aggregated data in minutes.

Fligoo is a company that specializes in developing a personalized recommendation platform tailored for the financial industry. Their platform employs artificial intelligence to deliver content that resonates with users' interests, including trending videos, news articles, blogs, and other media, all curated based on social media activity. In addition to its recommendation services, Fligoo offers AI products such as Fligoo Sharp AI and Fligoo DATAMOVEX AI, which are designed to solve complex challenges for clients and enhance their operational value. The company emphasizes data security by ensuring that client data remains within their controlled environment, facilitating seamless integration of AI solutions with existing systems.

Tarabut Gateway is the first and largest regulated Open Banking platform in the MENA region, facilitating connections between banks and FinTechs through a universal application programming interface (API). By enabling seamless data flow, Tarabut Gateway promotes collaboration and innovation within the financial sector, resulting in improved products and services for consumers. The platform supports the development and distribution of personalized financial solutions, contributing to a more integrated and agile financial services ecosystem in the region.

Reem Takaful enables ethical, and inclusive risk coverage for farmers who are exposed to the perils of crop and livelihood losses due to climate change and other external factors.

Algante Technologies provides human wealth management services with an Artificial Intelligence solution. The passion for Artificial Intelligence (AI) has driven to innovate with the objective of creating intelligent machines that solve real problems.

Receet is a mobile app platform for providing digital receipts in any business transaction where a receipt is required. Consumers are not required to turn over their name, email address or phone number to get a digital receipt. Receet uses Bluetooth and NFC technology to instantly push the digital receipt to consumer smartphones and wearables. Using Receet consumers can easily find receipts to make a return, file taxes or fill in the expense report by searching for the receipt on their smartphone. They can also categorize receipts and will have the ability to upload their receipt data to accounting software such as Xero and Mint.com in the near future. Businesses using Receet will have an advantage as it's a great customer experience for consumers, it also decreases customer service issues caused by lost receipts and they can issue product recalls using the Receet platform. In addition to that, Receet acts as an additional touch point with consumers as businesses can include marketing content provided with consumers’ digital receipts that can be tailored to their business needs.

Nester is an online FinTech platform that offers property financing solutions and converts them into simple secured investments. Nester will deliver on its mission to supply financial products that are available to all. They aim to be fully transparent and ensure that risk and reward are explained in a way that everyone understands.

Vouchr Ltd. is a Toronto-based company that operates as a social gifting community, enabling users to create personalized gift certificates through its Vouchr app. Launched in 2012, the app allows users to design vouchers for friends on Facebook by selecting specific details such as the gift type, location, recipient, and adding images and descriptions. Vouchr focuses on enhancing consumer payment experiences by integrating features like photos, videos, and social interactions into its platform. This innovative approach transforms traditional peer-to-peer transactions, remittances, and gift card experiences, providing a secure and interoperable payment tool. As a result, Vouchr not only facilitates personal gifting but also empowers brands and payment companies to engage their audiences effectively in a digital landscape.

Saffe LTD is a Munich-based company founded in 2015 that specializes in mobile payment solutions using facial recognition technology. The company's innovative application allows merchants to process payments directly through smartphones without requiring additional equipment. By utilizing artificial intelligence and facial biometrics, Saffe's software facilitates secure transactions and provides a privacy-focused antifraud solution. This technology enables consumers to authenticate their payments naturally while helping businesses protect against online fraud and comply with personal data protection standards.

Trust Stamp specializes in identity authentication software solutions by leveraging advanced cryptographic techniques and artificial intelligence. The company creates a proprietary non-personally identifiable information hash that enhances the security of biometric and identity data. Its technology is applicable across various sectors, such as humanitarian services, banking, fintech, KYC/AML compliance, real estate, and law enforcement. By focusing on biometric science and data mining, Trust Stamp develops tools that not only predict identity and trust but also protect sensitive information from fraudulent attacks. This innovative approach aims to improve accessibility to digital services while ensuring robust identity verification for enterprise partners and peer-to-peer markets.

FirstHive is a customer data platform that specializes in building unique customer identities by aggregating data from various sources of customer interactions and transactions. Founded in 2015 and based in Bengaluru, India, the platform captures consumer data across multiple channels, providing actionable intelligence in real time. It enables businesses to engage customers directly through personalized messaging via email, SMS, voice, web, mobile applications, and social channels. FirstHive acts as a central repository of customer data within an enterprise's marketing ecosystem, enhancing cross-channel communication and improving customer experience. The platform also features out-of-the-box recommendations and assisted decision-making capabilities to support marketing teams in achieving their objectives. With operations in the US, India, and ASEAN, FirstHive aims to help consumer enterprises drive sales and improve marketing returns by effectively managing their first-party consumer data.

Inpher, Inc. is a New York-based company that specializes in secret computing technology, focusing on privacy-preserving analytics and machine learning. Established in 2015, Inpher has developed a unique platform that allows users to perform data searches and analytics without exposing sensitive information to cloud service providers. Its innovative Secret Computing™ technology enables businesses to analyze and process private data securely while maintaining compliance with privacy regulations. This technology facilitates confidential data management, search, and sharing of encrypted content without revealing any details to untrusted servers. By providing a secure framework for cloud services, Inpher empowers organizations to leverage their data for insights and monetization while ensuring that privacy and security remain paramount.

OkHi is a digital addressing system for emerging markets. The company wants to solve the lack of a physical address system in Kenya and beyond. They are building the next generation address system. This system will unlock commerce through enhanced logistics, save lives through improved emergency services, and grow access to finance through better personal identification.

FOMO Pay is a fintech company that specializes in providing digital payment and banking solutions to a diverse range of clients, including merchants, retailers, corporations, and financial institutions. The company offers a comprehensive platform that supports over 25 payment methods, allowing businesses to accept payments from both local and international consumers seamlessly. Its services include traditional payment options such as credit cards and digital wallets, as well as innovative solutions like PayNow, QR payments, Buy Now Pay Later, and cryptocurrency transactions. Additionally, FOMO Pay's payment gateway connects traditional and cryptocurrency payments, facilitating fund collection, foreign exchange rates, and multi-currency virtual accounts, thereby enhancing the efficiency of cross-border transactions for its customers.

Jaib uses machine learning and consumer purchase loans to create quick and card-less payments online in emerging markets. By taking a-typical data-sources and assessing customers right at the point of sale, we're able to eliminate the hassles and risks merchants have with the 85% of customers in cash-driven economies while preserving the preferences of those customers on the other end.

Bondsmart is a co-ownership bond platforms, helping financial institutions present fixed income in a simpler manner.

Verify Payments is a developer of a reputation tool specifically designed for crypto commerce. The company leverages the Verify Reputation Protocol to track the transaction history of participants, including both buyers and sellers. This protocol provides a system for updating each participant's reputation based on feedback from their counterparts. By monitoring and evaluating these reputations, Verify enables users to engage in safer transactions, offering benefits to those with strong reputations within the network.

Limitless is an innovative micro-investing app designed for Millennials, offering users the ability to save and invest automatically on a daily basis. The platform aims to help individuals build financial safety nets, save for short-term goals, and invest for long-term growth. Limitless is licensed to banks and insurers, enhancing their customer acquisition and retention efforts while enabling opportunities for cross-selling and data monetization. The company has garnered recognition in notable publications such as CB Insights, Financial Times, and Forbes. In addition to its investment services, Limitless also offers website design, domain names, web hosting, and web development services.

Haseed is a new kind of investment advisor in the GCC that is working to make Islamic saving and investing more accessible to the masses. ​ They want to change the dynamics of investing in the region. We think you should be able to invest in line with your values without unfair barriers like high fees or high minimum investments.

Virtual i Technologies is focused on transforming the insurance industry by providing innovative solutions for risk assessment and underwriting. The company offers a risk underwriting analytics platform that standardizes information into clear insights and fair pricing, using a combination of alphanumeric and visual data. Their proprietary platform, Virtual Risk Space™, enables clients to assess risks through advanced machine learning algorithms and computer vision, enhancing the underwriting process. Virtual i aims to democratize access to high-quality risk engineering and loss prevention services, particularly for small and medium enterprises, fostering their growth and sustainability. Their technology allows insurers to identify and manage risks more effectively, resulting in significant improvements in workload efficiency and a notable reduction in loss ratios. With a commitment to fast and affordable implementation, Virtual i ensures that clients can integrate their tools with minimal disruption. Additionally, the company is actively developing artificial intelligence capabilities to further enhance risk assessment processes in the insurance sector.

GameChange Solutions was established in 2014 with an objective of disrupting the existing performance management and employee engagement practices at financial institutions through innovative concepts from behavioral science powered with a state-of-the-art technology platform.

Hala Insurance, founded in 2020, aims to provide insurance coverage to the 500 million individuals residing in the MENA region. The company focuses on transforming the traditional insurance landscape by offering affordable and rapid online car and home insurance solutions. By leveraging technology, Hala seeks to make the insurance process more accessible and efficient for its customers. The company is part of a broader trend of innovation in the insurance sector, which includes the use of blockchain technology for sharing insurance information, as exemplified by other startups in the region.

Amani AI is a provider of biometrics and identity verification solutions, offering a 100% proprietary micro SaaS platform. Amani leverages the latest advancements in AI and computer vision technology to deliver automated biometric verification processes that result in real-time decisions. The solutions provided by Amani are designed to be highly flexible, allowing for seamless integration through a single API across multiple channels, or a fully customized user journey that is tailored to meet the specific needs of clients. The company is dedicated to delivering cutting-edge technology to its clients, positioning itself as a leader in the industry.

iwealth focuses on enhancing financial literacy among youth and their parents through engaging educational resources. The company offers a financial education application that features interactive learning modules, games, e-books, and various digital tools. By providing fun and appealing materials, iwealth aims to help users develop essential money management skills, including spending, budgeting, and setting financial goals. The initiative promotes informed consumer behavior and encourages healthy financial habits such as regular saving, investing, and charitable giving. By emphasizing positive values, iwealth empowers young individuals to make confident decisions regarding their finances.

Starling Trust Sciences is an applied behavioral sciences technology company that focuses on enhancing organizational dynamics through its Predictive Behavioral Analytics platform. This platform utilizes artificial intelligence to analyze employee communication patterns, allowing organizations to understand how behaviors emerge and propagate within their networks. By mapping these pathways, Starling enables leaders to identify and manage hidden sources of value and risk, ultimately transforming the way organizations measure and manage their people dynamics. The company emphasizes the importance of trust in organizational relationships, asserting that high-trust networks deliver value while low-trust environments lead to dysfunction.

MONEY MALL believes that everyone should be able to achieve financial well-being and want to have an impact on our users’ lives, on financial product providers, and on the world of financial management in UAE.

PaySky is a next-generation payment solutions provider that offers a comprehensive range of services to financial institutions, merchants, and consumers globally. The company focuses on simplifying online payment processes through its electronic payment platform, which includes a multi-channel payment gateway for both digital transactions and in-person payments. Its offerings encompass mobile point-of-sale systems, smart point-of-sale solutions, mobile wallets, QR code payments, and in-app payment APIs. By aiming to democratize e-payments, PaySky strives to make payment solutions accessible to everyone, facilitating quick, safe, and secure cashless transactions for users both nationally and internationally.

At Encore Theme, they provide core business software solutions focused on both funded and non-funded businesses of banks and HFC, NBFCs. ThemePro, the flagship product suite of Encore Theme, provides tailor-made solutions for Home Finance, Retail and Corporate Lending for NBFCs and Supply Chain Finance. They are the fastest growing Infusion Premier Select Partner of Finastra infusion global partner program and they have achieved this by successfully implementing front to back Trade Finance solutions for over 50 banking sites in more than a decade of partnership with Finastra.

InsureVite is a Singapore based, Enterprise B2B InsurTech startup on a mission to help insurers transform their customer experience through social messaging apps. Our digital assistant combined with robotic process automation can be embedded into any mobile apps or websites, enabling customers to connect and transact easily, quickly and seamlessly with their insurers in a single interface (no re-direct or pushed out)

Turnkey IS is an “InsureTech” and a specialised insurance consultancy services company which provides the insurance industry with innovative “IT as a service” products and solutions for the whole underwriting cycle. Their offerings bring numerous benefits to our clients; aiding in risk acquisition, portfolio risk management as well as in risk transference. They utilize advanced cloud-based technology, integrated with machine learning components and data services from the “IOT: internet of things”, to deliver their products and solutions. They give their clients the tools they need to gain the competitive advantage over their peers in the insurance industry. Their products enable their clients to reduce their costs and improve efficiency, as well as enabling them to manage risk and exposure more intelligently.

Labiba is an artificial intelligence and robotic process automation company specialized in building virtual agents that can emulate human actions in executing business processes and interact with customers. Labiba's chatbot platform, built with 18 years of experience in technology and digital communications, is an enterprise-level bot management platform including all the functions needed to harvest conversational interface opportunities such as visual builder, human agents, broadcasting, system integrations and more. Their enterprise-level bot management platform, with native Arabic language understanding, includes all the functions needed to create voice & text conversational experiences. They have developed a start-of-the-art chatbot builder which allows organizations to build smart interfaces for a smart future. Customers want simplicity, ease and a general good feel when interacting with any organization and the conversational interface is the answer. Labiba brings the powers of AI/NLP in an easy to use visual builder along with the tools and integrations around it to provide smart bots that can answer queries and perform actions.

Sarwa Digital Wealth Limited is a privately owned investment advisory firm that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform that aims to facilitate long-term financial growth for its clients. By combining established investment strategies with innovative technology, Sarwa reduces costs and enhances accessibility to investment opportunities. The platform also focuses on educating users about personal finance and investment, enabling them to make diversified investments and seek improved returns. Through its services, Sarwa seeks to empower individuals to make informed financial decisions and optimize their investment potential.

Middleware Inc, is an IT services and solutions company that provides resources, out of box solutions and products for Middleware and other customers. They specialize in a wide range of integration, cloud and SSO technologies that are both vendor and open source based. They cater to the needs of our customers’ requirements and satisfaction. With their customer focused services and products, they allow our customers to achieve great success in their integration implementations.They Middleware Inc, are well established consulting organization specializing Oracle Middleware, Mulesoft, IBM, TIBCO, Webmethods, Java J2EE and functions like development, Setup, integration and maintenance. They are specialized in cutting edge technologies like Cloud Automation, Migrations and Mobile Integrations. To cater the need of their customers requirements and satisfaction, They assist their customers with the inception of the project, right up to production support.

SmartCrowd is a real estate investment platform that facilitates access to the UAE real estate market through a user-friendly online portal, allowing investors to participate with a low minimum investment. By offering the ability to buy and sell fractional shares in properties, SmartCrowd reduces the barriers to entry for individuals looking to build their financial and real estate assets. This innovative approach enables investors to manage their portfolios similarly to stock investments, focusing on asset allocation without the complexities of purchasing and managing individual properties. As a result, investors can create a diversified property portfolio while minimizing risk and leveraging costs. SmartCrowd operates under the regulation of the Dubai Financial Services Authority, ensuring compliance and security for its users.

WeInvest is an online platform that enables individual investors to discover investment opportunities across real estate, mutual funds, and deposits. Users can get investment ideas, find products that fit their ideas, track their investment portfolios, and connect with prospective brokers and advisors. WeInvest was launched in 2013 and is based in Singapore.

Jibrel Network provides currencies, equities, commodities, and other financial assets and instruments as standard ERC-20 tokens on the Ethereum blockchain. Jibrel also provides critical decentralized infrastructure components, such as the https://jWallet.network, jCash and Jibrel Search.

Ebooc is a pioneering Emirati fintech and loyalty solutions company that has developed a multi-participant loyalty program utilizing blockchain technology. Its innovative platform features a blockchain-based Point of Sales (POS) solution integrated with a digital loyalty wallet, simplifying the accumulation and redemption of loyalty points across various programs. By allowing users to manage their loyalty points seamlessly, ebooc minimizes the risk of losing unredeemed points and enhances the overall customer experience. The platform also offers Big Data and predictive analysis capabilities, enabling businesses to gain valuable insights into consumer behavior and transaction patterns. This functionality supports retailers in optimizing their marketing strategies and reducing costs while encouraging repeat customer engagement. Overall, ebooc aims to create a more efficient ecosystem for loyalty programs, benefiting both consumers and merchants.

VeriSmart is an identity blockchain platform that automates and standardizes the Know Your Customer (KYC) and compliance processes for various institutions, including banks, telecom companies, insurance firms, and more. Founded in 2012 and headquartered in Palo Alto, California, with additional offices in Dubai and Delhi, the company provides a suite of services such as cognitive assessments, anti-money laundering checks, form autofill, instant transaction verification, bank verification, signature verification, and user behavior prediction. By creating a seamless, end-to-end solution for identity verification, VeriSmart enables users to avoid repetitive KYC processes across multiple platforms, akin to a streamlined sign-up experience. The company has established significant traction in markets such as India, the UAE, and the United States, actively forming syndicates with banks and other digital platforms, including partnerships with multiple banks in India and ongoing discussions with major financial institutions in the U.S. to expand its reach.

Semantify enables you to have meaningful conversations with your enterprise data spread across multiple databases… With Semantify, you get more meaningful insights from your data than any other tool. While other tools are limited to just dashboards and pre-programmed questions, Semantify is the only solution to iteratively explore your data universe and get instant answers using natural language questions on your laptop. Semantify enables business users to combine their business knowledge with the data universe and instantly extract meaningful insights from it, without depending on data experts for data extraction. It is like having conversations with your data - you ask english language questions through a google like interface, and you get instant answers… No data can hide from Semantify. If data exists somewhere, Semantify will hunt it down. It will help track down trends, identify patterns and enable you to perform predictive analytics as well… Semantify is the first in the industry to achieve an intersection of self service business intelligence functionality with semantic search engine to explore enterprise data using natural language queries. This engine powers real time, meaning based search on structured, unstructured and semi-structured data lying across multiple, large, fragmented and disparate databases. The unified, open platform enables fast creation of customized solutions through a simple console based tool. This solution is proven at major banks, large consumer retail stores, healthcare equipment manufacturers and communication chipset providers.

Maliyya Limited is a Dubai-based peer-to-peer lending and borrowing platform founded in 2016. The company specializes in providing a Shariah-compliant financing and investment marketplace that connects borrowers with potential investors. Maliyya aims to transform the financial services industry by leveraging advanced technologies such as big data, artificial intelligence, and blockchain to deliver optimal solutions for both investors and borrowers. The platform also facilitates financing opportunities in accordance with Sharia principles, allowing lenders to support the purchase of personal or commercial property and offering unique financing options, such as Ijara, for asset acquisition.

Amplified Payment Systems Ltd is a financial technology company based in Lagos, Nigeria, that specializes in developing an online payment platform tailored for subscription businesses. Founded in 2015, the platform facilitates one-time and recurring payments, allowing businesses to create subscription plans and charge returning customers seamlessly, without requiring them to re-enter their card details. Amplified offers a comprehensive solution that includes a 3D secure payment gateway and card correction technology, which automatically retries payment transactions in case of any issues. As of March 2019, Amplified Payment Systems operates as a subsidiary of One Finance Limited, positioning itself as a key player in the digital financial services sector in Africa.

Blinking is a Belgrade-based company specializing in blockchain and biometric security solutions for digital identity management. Founded by university professors and blockchain engineers, the company aims to create secure and practical software that protects personal user data. Blinking's platform is designed to simplify the creation, confirmation, and management of user identities while ensuring that individuals maintain ownership and control over their private information. By utilizing a 'privacy by design' approach, Blinking addresses the shortcomings of traditional methods of data collection, which are often insecure and costly. Their offerings include Identify, a software-as-a-service solution for remote user onboarding; Verify, an identity verification and multi-factor authentication tool; and Certify, an identity management platform for organizations performing customer due diligence. Blinking combines advanced blockchain architecture with proprietary biometric algorithms, enabling safe and efficient identity management for both organizations and end-users.

Spare is an electronic payments company that helps campuses become safer and cash-free. With Spare installed in schools, parents can be confident that their child will always be able to purchase whatever they require without carrying cash; no more forgetting or losing their allowance, and no more bullying. Due to popular demand, it now includes a safety layer that notifies parents when their child arrives or departs from school, keeping them informed of their child's safety and location.