First edition of 'Arab Fintech Forum' in Doha on Oct 10

Doha will host the first edition of the 'Arab Fintech Forum 2021' on October 10, Mangusteen, the event organiser announced on Sunday.

Gulf Times and Al-Raya will be the media sponsors of the event that will be held at Park Hyatt Doha Hotel in Msheireb. The other key sponsors of the event include major international and regional companies, led by VISA, HyperPay and Equiti, and in partnership with many supporting partners, led by the Qatar Fintech Hub.The forum comes in line with Qatar National Vision 2030, in support of digital transformation efforts in the country, and in strengthening Doha's position as a hub for Fintech services in the region. A group of speakers and experts from around the world will participate in the forum to discuss the most important challenges and opportunities in this sector, which has become one of the most important and fastest growing sectors in the world.Commenting, the President and Founder of the Arab Fintech Forum, Malik Shishtawi said, “The numbers are quite simply staggering both in terms of the challenge and the size of the potential reward. Around the world there are 2bn ‘unbanked’ people – individuals without access to formal financial services. There are also 200mn micro, small and mid-size businesses in growth markets that lack access to savings and credit, while those that do have access often pay high fees for a limited range of products. Fintech can help in expanding access to finance and equalise the opportunities. The Arab Fintech Forum will address the challenges and opportunities of the regional fintech ecosystem.”With the world rapidly shifting to digital services, the need for new ways to pay is more important than ever. Innovators and FinTech companies are at the core of this transformation, by building the tools and resources needed to accelerate the growth of fast, secure and reliable digital payments. Fintech delivers innovative solutions that meet evolving consumer needs and give more people and businesses access to payments, thus driving financial inclusion.More details about the forum and to register to attend can be done via the official website www.arabfintechforum.com