ARTICLE · 20 OCTOBER 2021

Offshore FinTech Trends

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The UAE is taking FinTech seriously. Dubai and Abu Dhabi, and the DIFC and ADGM respectively, have implemented a wide range of initiatives and projects with the aim of growing FinTech...

United Arab EmiratesTax

Tom Cochrane

Tom Hagger

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The Cayman Islands has leveraged its position as an offshore funds jurisdiction to establish itself as an offshore Fintech hub. Walkers Dubai Partner Tom Cochrane and Senior Associate Tom Hagger share their insights on the latest strategies, with a closer look at what the United Arab Emirates (UAE) has been doing in this space to complement the services provided by the Cayman Islands.

The UAE is taking FinTech seriously. Dubai and Abu Dhabi, and the DIFC and ADGM respectively, have implemented a wide range of initiatives and projects with the aim of growing FinTech in the UAE and the wider Middle East region. These initiatives include sandboxes and test licences for start-ups as well as the DIFC FinTech HUB, which is the first and largest FinTech accelerator in the region.

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Offshore FinTech Trends

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