The Finance World Magazine| Edition: April 2023
The April edition of The Finance World Magazine (TFW) delves into the world of disruptive investment and its potential to transform markets, featuring an exclusive interview with Hadif Abdullah Zamzam, Senior Associate – Value Creation, Disruptive Investments at Mubadala, who shares his insights on this topic. In addition, we feature interviews with prominent CEOs, including Nilay Ranjan Singh of State Bank India, DIFC, Raman Thiagarajan, CEO & Founder of Zenda, and Naveen Bharadwaj, Group CEO of Trescon. They provide valuable insights on various topics related to business and investments, particularly in the fintech area. Through this edition, we also bring you insights on topics like the UAE and Turkey CEPA agreement that sets the ground for novel business opportunities, cryptocurrency adoption in the UAE and how it is expected to disrupt trade and payment systems, buying and selling properties in Dubai and strategies to boost profitability, and many more articles that offer critical analysis and insights on current trends and issues in the business and investment domains. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
The April edition of The Finance World Magazine (TFW) delves into the world of disruptive investment and its potential to transform markets, featuring an exclusive interview with Hadif Abdullah Zamzam, Senior Associate – Value Creation, Disruptive Investments at Mubadala, who shares his insights on this topic.
In addition, we feature interviews with prominent CEOs, including Nilay Ranjan Singh of State Bank India, DIFC, Raman Thiagarajan, CEO & Founder of Zenda, and Naveen Bharadwaj, Group CEO of Trescon. They provide valuable insights on various topics related to business and investments, particularly in the fintech area.
Through this edition, we also bring you insights on topics like the UAE and Turkey CEPA agreement that sets the ground for novel business opportunities, cryptocurrency adoption in the UAE and how it is expected to disrupt trade and payment systems, buying and selling properties in Dubai and strategies to boost profitability, and many more articles that offer critical analysis and insights on current trends and issues in the business and investment domains.
Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
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Fintech<br />
Eight UAE-Based Fintech Startups to Watch<br />
in <strong>2023</strong><br />
<strong>The</strong> UAE has been experiencing rapid growth in its FinTech sector over the past few years,<br />
with a growing number of startups entering the market. Fintech startups in the UAE offer a<br />
wide range of innovative solutions in areas such as payments, lending, wealth management,<br />
insurance, and digital banking. In this article, we shed light on eight of the promising fintech<br />
startups poised to accelerate the growth of the UAE’s FinTech landscape in the years to come.<br />
Huspy<br />
Tabby<br />
Tabby is a Dubai-based FinTech<br />
startup that was established in<br />
2019 by Daniil Barkalov and<br />
Hosam Arab. <strong>The</strong> company<br />
offers consumers the ability to defer<br />
payments for their purchases, allowing<br />
them to pay off their balances over four<br />
monthly interest-free installments. With<br />
a team size of 101-250 employees, Tabby<br />
has quickly become a major player in<br />
the financial technology industry in the<br />
United Arab Emirates. <strong>The</strong> company<br />
has successfully completed several<br />
rounds of funding, including a recent<br />
$58M investment, which has pushed<br />
its valuation to over $660M.<br />
Huspy is a Dubai-based FinTech<br />
startup that was founded in<br />
2020 by Jad Antoun and Khalid<br />
Ashmawy. <strong>The</strong> company aims<br />
to help consumers make better mortgage<br />
choices and get on the property ladder<br />
by providing fairly priced loans. With a<br />
team of 101-250 employees, Huspy has<br />
rapidly become one of the key players in<br />
the UAE’s financial technology market.<br />
Since its inception, the company has<br />
attracted significant investment, with<br />
its latest funding round in June 2022<br />
raising an impressive $37M. <strong>The</strong> funding<br />
has enabled the company to expand its<br />
operations and reach more customers<br />
in the UAE and beyond.<br />
Zenda<br />
Zenda is a FinTech startup that<br />
was founded in 2021 by Haseed<br />
Ahmed and Raman Thiagarajan.<br />
<strong>The</strong> company is headquartered in<br />
the city of Dubai, United Arab Emirates,<br />
and currently employs between 51-100<br />
staff members. Zenda has developed<br />
a platform that is aimed at families<br />
who are looking for a more convenient<br />
way to pay for their children’s school<br />
fees. <strong>The</strong> platform offers an innovative<br />
“Buy Now, Pay Later” (BNPL) solution<br />
that allows families to spread their<br />
payments over a longer period of time.<br />
Since its inception, Zenda has enjoyed<br />
significant success, attracting several<br />
investors in its early stages. In <strong>April</strong><br />
2022, the company raised $9.4M in a seed<br />
funding round, indicating the confidence<br />
investors have in the company’s vision<br />
and potential for growth.<br />
16 www.thefinanceworld.com <strong>April</strong> <strong>2023</strong>
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