Emirates NBD & Hub71 join forces to amplify MENAT FinTech future

  • Emirates NBD, a leading banking group in the MENAT region, has entered into a partnership with Hub71, Abu Dhabi’s global tech ecosystem.
  • The partnership aims to empower customers with innovative FinTech solutions and usher a new era of advanced banking services.
  • Hub71 provides support to startups with its network of over 140 local, regional corporate, government, and investment partners along with incentives and programs.
  • The alliance also intends to expand the market reach of Emirates NBD to Abu Dhabi and introduce innovative financial solutions that cater to the shifting consumer needs.

The collaboration between Emirates NBD and Hub71 seeks to take significant strides towards elevating the customer experiences. By leveraging Hub71’s entrepreneurial outlook, they aim to offer tailor-made solutions and seamless services for the customers of Emirates NBD.

Abdulla Qassem, Group Chief Operating Officer at Emirates NBD, stated that the alliance underscored their bank’s commitment to promoting innovation in the region. He emphasized that Emirates NBD is committed to enhancing the financial prosperity of its customers, employees, and communities.

Hub71, a global tech ecosystem, supports startups with access to a vibrant community and a network of over 140 corporate, government, and investment partners, both locally and regionally. They provide them with incentives, programs, and tools to help them grow from Abu Dhabi to worldwide markets.

Ahmad Ali Alwan, Deputy CEO of Hub71, mentioned that the partnership with Emirates NBD would allow startups to validate products, secure commercial deals, and receive expert mentorship. He further added, “By partnering with one of the UAE’s most progressive banks, we are creating a powerful combination for FinTech startups pursuing growth.”

This partnership is deemed a significant milestone for both the entities, as they join hands to drive forward in the path of transformation, innovation, and growth in the financial technology landscape of the region.