Abu Dhabi and Singapore join hands to propel FinTech integration

Curated

Priya Wadhwa
Curated
Published:

Abu Dhabi and Singapore join hands to propel FinTech integration

Building bridges to the east

To drive the future of FinTech in Asia’s leading economies—UAE and Singapore—­Abu Dhabi Global Markets (ADGM) has partnered with ASEAN Financial Innovation Network (AFIN). The collaboration between these two global FinTech hubs will accelerate the future of digital international financial services in the regions.

AFIN, which is already building a digital marketplace, the API Exchange (APIX), will connect with the sandbox environment that has already been launched in Abu Dhabi. The connectivity between ADGM and AFIN’s platforms was showcased during the Singapore FinTech Festival.

Richard Teng, CEO of the Financial Services Regulatory Authority (FSRA) of ADGM, said, “As the MENA FinTech Hub and a centre of innovation connectivity, we are delighted to be able to deliver this world first through our collaboration with ASEAN's APIX platform."

Discover more about how this collaboration drives the growth of FinTech of both regions here.