Fintech Galaxy is launching the region’s first Fintech Retreat 2020, bringing the ecosystem together for a more inclusive and less-cash focused society. The idea of the retreat is built around the importance of personal relations and human interaction, despite all the digitization and transformation around us. Fintech is about living a better and happier life.
The retreat kick-offs in February with innovation challenges, sponsored by financial institutions, scouting for globally and regionally to attract the best fintech startups from all markets worldwide, shortlisting those that best fit the needs of the local economy (targeting 15-25 fintech startups). The financial institutions, fintechs, investors and other market enablers along with regulators will all meet in Ain Al Sokhna on April 2-4 to spend two days coding, developing, pitching and transforming customer experience of the banking sector. The result will be a number of POCs kicked off at the event. The awarded fintech startups and banks will have a couple of months to finish the POCs and then move to production.