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Mastercard launched the first edition of the Start Path Summit in Dubai last week to boost the FinTech and technology sectors. The event brought together a band of dynamic startups from both of these sectors.

Among the startups featured in the event were 11 of the latest firms to have joined the program. Together, all the participants cover a diverse range of niches including artificial intelligence, big data, IT security, e-commerce, online payments and financial inclusion.

The event saw the participating startups pitching their innovative solutions in front of the attendees that included many industry heavyweights and investors, among others. Mastercard’s regional partners and local leadership team were among the attendees.

All in all, the event highlighted the promises the region’s banking and financial services sector holds for local and global players.

Deborah Barta, Senior Vice President, Innovation Channel Management & Startup Engagement, Mastercard, said: “FinTech startups are championing innovation in financial technologies to rethink banking and payments to usher in a digital future. In line with our vision of promoting innovation, Mastercard Start Path has been providing startups with the mentorship needed for long-term success. We are proud to have achieved a new milestone by bringing this distinctive initiative to the Middle East.”

The 11 participants to have joined the first edition of the Start Path Summit include:

DefinedCrowd, Identitii, HANZO, Iguama, MarketUp, Lidya, James (by CrowdProcess), OpenSparkz, SnapSwap, Vouchr and The Wallet App.

 

 

Jenan Al-Mukharriq

Jenan Al-Mukharriq

A highly driven organizing member of the StartUp Bahrain ecosystem. And a Project Manager at Matter In Hand with a passion for content creation and empowering communities.