Fintech And The Accelerator Culture In The UAE

The United Arab Emirates (UAE) continues to position itself as a base for businesses involved in cutting-edge technology, ranging from artificial intelligence and robotics, to blockchain integration and driverless vehicles. The UAE does this by being pioneers in using these technologies in the public sector and by creating accommodating structures and regulations for new up-and-coming industries. The finance sector in particular has seen a substantial increase in the use of technology over the course of the last decade. The fintech sector continues to draw a lot of attention from various regional and institutional investors as well as traditional financial players.

This article will provide insight into the current state of the fintech sector in the UAE and what legal issues may arise in the future as the popularity of fintech continues to grow.