ADGM Academy Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Dispute Resolution
A platform that offers limitless opportunities and paves the way for a brighter future

Abu Dhabi boasts first-class infrastructure and unparalleled global connectivity, making it a premier international destination. Its exceptional qualities make it an ideal location to live, work, and conduct business.

Read about Abu Dhabi's life style
Latest Initiatives ADGM Announces Incentive Initiative for Existing Al Reem Island Businesses Transitioning to ADGM ADGM Marks Its Presence on Al Reem by Hosting its First Community Event on the Island
Overview Business Areas Setting up Operating in Public Registers Legal Framework
Providing an environment that empowers the future

A financial centre that provides transparency, efficiency, and integrity, through its progressive frameworks, future focused infrastructure, all within a familiar independent legal jurisdiction – ADGM is the perfect platform for success.

Find out how to set up in ADGM
Latest News The Registration Authority at ADGM Clarifies Registered Auditors' Eligibility for Auditing Taxable Persons ADQ Announced as the Headline Partner for Abu Dhabi Finance Week
Regulation Awareness Collaboration Ecosystem ADGM Sustainable
Preserve our economies and environment for future generations

ADGM, the centre for a transparent and thriving sustainable finance ecosystem.

More about our Sustainability vision
Highlights Abu Dhabi Sustainable Finance Forum’s COP28 Edition Deep-Dives into Nuances of “Building Green Financial Centres of the Future” ADGM, the Region's Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28
Media News Events Spotlight Podcasts Publications
Stay up-to-date with our wide range of available resources

Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.

Read our latest news articles
Upcoming Events RESOLVE 2024
Support Make an enquiry Whistleblowing FAQs
We are here to help

At ADGM, we offer various support options, including contact details, FAQs, enquiry forms, and a whistleblowing form.

View available support options
Some of our FAQ topics
  • Getting started
  • Foundations regime
  • Resolution for incorporation
  • Existing auditors
  • New auditors
  • ACCESSADGM
  • Discover

    News

    Media Announcements 2021 Fintech Abu Dhabi Innovation Challenge opens for applications Download Arabic

    2021 Fintech Abu Dhabi Innovation Challenge opens for applications

    ADGM FSRA: 18 August 2021

    Download Arabic
    • Challenge will be hosted on the ADGM Digital Lab to support open collaboration between Fintechs, Corporate Champions and regulators
    • Shortlisted applicants will be invited to pitch their solutions during Fintech Abu Dhabi 2021
    • Winners to work with Corporate Champions to develop proofs-of-concept for commercial deployment

    Abu Dhabi Global Market (ADGM), the leading international financial centre in Abu Dhabi, is pleased to launch the fifth edition of the Innovation Challenge. Hosted as part of Fintech Abu Dhabi, the MENA region’s largest Fintech festival, the Innovation Challenge is ADGM’s flagship initiative, held to develop innovative solutions to specific financial services challenges to enable a diverse, sustainable and competitive economy.

    This year, ADGM is partnering with Corporate Champions from the financial, corporate and government sectors to develop specific challenge statements for the Innovation Challenge, wherein successful Fintech applicants will have the opportunity to work alongside these entities to develop innovative solutions to these issues. The Corporate Champions include Emirates NBD, Etihad Credit Insurance, First Abu Dhabi Bank, Pearl Data Direct, The Saudi British Bank and Standard Chartered Bank. A list of the specific challenge statements issued by each Corporate Champion is available here.

    The ADGM Financial Services Regulatory Authority (FSRA) will also sponsor a challenge statement on Suptech, which refers to the use of innovative technology by regulatory agencies, to develop a solution that allows real time oversight of client capital and investments.

    Applications will be assessed against the key criteria of how well the solution addresses the challenge, the maturity and scalability of the solution, and how the solution might be deployed in the UAE. Shortlisted Fintechs will be invited to pitch their solutions to a panel of judges at Fintech Abu Dhabi 2021, to be held from 22-24 November 2021.

    Winners will go on to work with Corporate Champions to develop proofs-of-concept (PoC) and test their solutions using the ADGM Digital Lab, with the potential to earn commercial contracts. They will be eligible to win attractive prizes sponsored by the Corporate Champions, as well as stipend payments from ADGM.

    ADGM would like to invite Fintechs to put forward their solutions to the proposed challenge statements by signing up to the ADGM Digital Lab. The ADGM Digital Lab is a digital sandbox and marketplace, supported by the Government of Abu Dhabi accelerator programme, Ghadan 21, which enables open collaboration and innovation by bringing Fintechs, financial institutions, and regulators together to drive digital transformation. Leveraging smart digital tools to generate synthetic data and simulate core banking operating systems, financial institutions can replicate a testing environment in the Digital Lab and invite Fintechs and regulators to run PoCs that can eventually be brought into production.

    “The FSRA is excited to launch the Fintech Abu Dhabi Innovation Challenge by using the ADGM Digital Lab to host innovative solutions and foster collaborative partnerships between Fintechs and corporate institutions, transforming the financial services industry at a time when digitalisation has become the key to success.” said Mr. Emmanuel Givanakis, Chief Executive Officer of the Financial Services Regulatory Authority of ADGM.

    The 2020 edition of the Fintech Abu Dhabi Festival featured an action-packed agenda that brought together more than 150 top speakers, 10 Fintech unicorns and 100 of the world’s most promising Fintechs. The event attracted over 20,000 live participants, watching virtually from over 100 countries across the globe.

    For more information on the Innovation Challenge and Fintech Abu Dhabi, please visit our website here: Fintech Abu Dhabi Innovation Challenge.

    Related news

    View all ADGM FSRA Publishes Guidance for ESG-focussed Investment Vehicles FSRA proposes miscellaneous amendments to its Regulatory Framework FSRA Publishes a Consultation Paper on Proposed Enhancements to its Regulatory Framework for Continued Alignment with BCBS Principles

    About

    Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Dispute Resolution Careers

    Business

    Overview Business areas Setting up Operating in Public registers Legal framework

    Sustainable Finance

    Regulation Awareness Collaboration Ecosystem ADGM Sustainable

    Discover

    Media News Events Spotlight Podcasts Publications Documents

    Contact & Support

    Support Make an enquiry Whistleblowing

    Resources

    FAQs Document Repository
    © 2024 Abu Dhabi Global Market. All rights reserved. Sitemap Terms and conditions Privacy policy Cookies policy

    We use cookies and similar technologies that are necessary to operate the website. Additional cookies are used to perform analysis of website usage. By continuing to use our website, you consent to our use of cookies. For more information, please read our Cookies Policy.

    Reject cookies Accept cookies