Abu Dhabi in the United Arab Emirates has rapidly become a hub for FinTech innovation, with a wide array of companies operating in the sectors of financial services, asset management, banking, and more. From payment processors to investment firms, these companies have positioned Abu Dhabi as a global center for financial technology, attracting industry leaders, innovators, and visionaries from all over the world. The following are some of the standout companies in Abu Dhabi’s FinTech landscape.
One such company making waves in the financial sector is Mubadala. Founded by HH Shaikh Mohamed Bin Zayed Al Nahdha, Mubadala operates as a sovereign investor, managing a global portfolio of interest that spans aerospace to healthcare. It is committed to generating sustainable financial returns for its shareholder, the Government of Abu Dhabi. It operates offices in several major cities worldwide, including New York and San Francisco.
As Mubadala, its US $229 billion portfolio spans five continents with interests in multiple sectors. Mubadala is committed to maintaining world-class standards of corporate governance and is considered a trusted partner for many global entities. You can connect with Mubadala via their social media accounts on Twitter, Facebook, and LinkedIn.
Co-founded by Ayman Chalhoub and Omar Onsi, NymCard presents itself as a reinvented issuer processor payment platform. This company has shaken up the financial sector by providing innovative digital payment products to areas with historically low payment card penetration. Through NymCard, financial institutions can issue plastic, virtual, or tokenized cards to mobile end-users in as little as 8 weeks. In addition to their Facebook, Twitter, and LinkedIn pages, more information can be found directly on their website.
Founded by Bashar Saleh, Paymennt.com is a mobile-first payments platform dedicated to helping businesses of all sizes accept payments in the easiest and most efficient way possible. Paymennt.com mainly focuses on micro and small businesses, aiming to simplify their payment systems and increase productivity. You can visit their social media profiles on Facebook, Twitter, and LinkedIn for more information.
Hubpay, founded by Kevin Kilty, operates as a cross-border money service provider. Based out of Abu Dhabi, Hubpay’s mission is to enhance financial inclusion in emerging markets. Hubpay increases fluidity in cross-border transfers providing essential services to individuals and businesses across a variety of sectors. Hubpay can also be found on Facebook, Twitter, and LinkedIn.
LumiShare has incorporated a blend of technology, cash, and gold to establish a new economic methodology. Driven by blockchain innovation, LumiShare stands as a beacon in the fast-growing crypto market with its launch of the world’s first Trust token. Besides following them on Facebook, Twitter, and LinkedIn, you can directly visit their website for more details.