How can we facilitate access to credit and investments opportunities to all sectors of the economy allowing for full digital financial inclusion?

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What are we looking for:

We aim to create a Digital Bank in the UAE that is all inclusive to all sectors of the economy from the Blue-Collar workers to the largest corporate companies. Everyone should be able to digitally get credit, invest, pay, share and receive payments from one integrated platform.

The Platform should support eWallet in becoming a full fledge Digital Bank with all services that are currently offered by traditional banks but on a digital environment.

Program benefits

• Partnerships with top level in Government​
• DFA takes zero equity in your business​
• Roundtrip airfare to Dubai and paid accommodation for Phase 2 (in-residence) participants​
• State of the art creative workspace and access to prototyping equipment​
• Mentorship program​
• Scaling your access to a 2 billion people market

Program timeline 

The 10-week program is structured into 2 phases:

Phase 1: A 4-week virtual program from 1st – 26th November, 2020, where shortlisted companies will work closely with the entity partners to understand their challenge and propose a solution. Phase 1 will conclude with a pitching competition and 2 companies per challenge will progress onto Phase 2 in Dubai.

Phase 2: Successful companies join a 6-week in-residence program in Dubai from 17th Jan – 25th Feb, 2021 where they will execute a proof of concept (PoC) of their proposed solution.

Application deadline

Submission of application | September 30th, 11.59 pm GMT+4

The program is open for start-ups, scale-ups, and SMEs from around the world.

Still have questions? View our webinar