Nasscom Signs MoU with DIFC to Boost Fintech Innovation.

Nasscom has signed a memorandum of understanding (MoU) with Dubai International Financial Centre (DIFC), a leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region. This strategic collaboration aims to provide Nasscom member companies with opportunities to engage with Dubai’s fintech and innovation ecosystem, enabling them to form partnerships with organizations driving advancements in financial technology and related sectors.

The MoU focuses on facilitating the integration of Indian tech firms into DIFC’s dynamic ecosystem. It outlines a series of activities designed to connect Indian companies with opportunities in Dubai, particularly in fintech, AI, and other innovation-driven sectors.

Rajesh Nambiar, President of Nasscom, emphasized that the partnership reflects Nasscom’s commitment to supporting Indian technology companies in their global expansion. “This partnership with DIFC underscores our unwavering commitment to empowering Indian technology companies as they expand their global footprint. Through this collaboration, Nasscom member companies gain access to Dubai’s dynamic fintech ecosystem, opening up opportunities to engage with innovative organizations and network with industry leaders at the forefront of cutting-edge advancements,” Nambiar said.

Arif Amiri, CEO of DIFC Authority, highlighted the importance of the collaboration in nurturing a globally connected innovation ecosystem. “DIFC is committed to fostering a globally connected ecosystem where innovation thrives. Through this partnership with Nasscom, we aim to attract and engage Indian technology companies in our AI, fintech, and innovation community, fostering groundbreaking advancements that benefit the wider financial services industry,” Amiri added.

This partnership is expected to strengthen the ties between the Indian and Dubai technology sectors, opening new avenues for innovation and collaboration in the global fintech space.

HBL