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FinTech Digital Lab

Enabling APIs, system virtual machines and applications that connect legacy systems

The ADGM FinTech Digital Lab is a virtual environment hosted by ADGM in which FinTechs, Financial Institutions and a financial services regulator, represented by ADGM's FSRA, can seamlessly connect, experiment and develop innovative solutions creating new products and testing prototypes swiftly.

By providing the ecosystem with access to resources such as data, APIs, system images and reference architectures, the ADGM Fintech Digital Lab enables participants to validate their new solutions with a replication of their own technology stack more readily.

The FinTech Digital Lab provides the ability to safely collaborate enabling the industry to identify and address shared challenges together. It also includes a virtual space to pose industry challenges for FinTechs to address and provide solutions.

The types of entities that we see being members of, and using, the ADGM Fintech Digital Lab include:

  • Financial services
  • Start ups
  • Regulators
  • Tech vendors
  • Professional services
  • Academics
  • Government organisations
  • Venture capitalists

Not just for entities registered in ADGM, the platform also caters to those technology entities (whether FinTechs or more established entities) who do not need a licence from ADGM to collaborate with financial entities in a truly inclusive environment.

Why apply to join the ADGM FinTech Digital Lab

Access to partners

The FinTech Digital Lab connects start-ups, Financial Institutions and ADGM's FSRA to each other to trial best-in-class technologies for financial markets. Institutions looking for the latest FinTech solutions and start-ups looking for corporate adoption can avail themselves of the Digital Marketplace to find the right partners. ADGM encourages collaborative growth, in addition to providing an opportunity to integrate FinTech solutions with institutional data and functionality to test for scalability and robustness.

Broad technology coverage

Not just for entities registered in ADGM, the platform also caters to those technology entities (whether FinTechs or more established entities) who do not need a licence from ADGM to collaborate with financial entities in a truly inclusive environment. For ADGM's RegLab participants, the digital platform will enable ADGM to supervise their test activities with financial entities in real time through the use of innovative supervisory tools and technology (SupTech).

Easy-to-use interface

The ADGM Fintech Digital Lab is intended for all types of users, regardless of technical background. Whether you are a business user or work in an IT function, you will be able to collaborate and run experiments using a suite of user-friendly tools.

Secure and Standardised

The ADGM Fintech Digital Lab is hosted on a world-class cloud platform on UAE data centres which adheres to both international and UAE security standards. It is a secure environment for traditional and disruptive talent to collaborate around new financial products.

The ADGM Fintech Digital Lab is one of three FinTech focused areas at ADGM. The other areas include FinTech and ADGM RegLab.

Why apply to join the ADGM Digital Sandbox

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FinTech hub

ADGM is rated to be one of the world's leading FinTech jurisdictions with a flourishing ecosystem and with the world's second most active FinTech regulatory sandbox.
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Full ecosystem

ADGM offers a full ecosystem of legal, accounting and servicing firms and enables the optimisation of businesses.
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Collaboration

By providing a Digital Sandbox environment, a cloud-hosted platform for start-ups, ADGM encourages collaborative growth alongside institutional partners, in addition to providing an opportunity to integrate FinTech solutions with banking data and functionality, to test for scalability and robustness.
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Growth potential

ADGM is home to world-leading fund managers with a strong technology focus, such as SoftBank, in addition to more traditional asset managers including Aberdeen Asset Management, and BNP Paribas.
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Global Financial Innovation Network

With the Global Financial Innovation Network, ADGM facilitates an international regulators' group that allows FinTechs to test their products in multiple jurisdictions simultaneously, with interaction from each country's financial regulators.
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Business friendly

ADGM tailors its regulatory frameworks to encourage responsible investment through for example its Venture Capital Fund regime.

Other Fintech solutions

RegLab

The ADGM RegLab is a specially-tailored regulatory framework which provides a controlled environment for FinTech participants to develop and test innovative FinTech solutions.

As the first RegLab in the region and the world’s second most active FinTech sandbox, the RegLab is designed to foster innovation within the UAE financial services market for both new market entrants and existing financial institutions.

FinTech

Abu Dhabi has recently been recognised as the top FinTech hub in MENA region with ADGM actively championing the development of a sustainable and vibrant FinTech ecosystem, setting many 'firsts' for the MENA region, including the first FinTech Regulatory regime and the first FinTech RegLab which today is the world's second most active FinTech Digital Lab after London.

We are the first in the region to pioneer financial innovation and offer a platform for a vibrant FinTech ecosystem, while providing the opportunity to collaborate with a progressive and award-winning regulator.

Global Financial Innovation Network

The Global Financial Innovation Network (GFIN) was formerly launched in January 2019 by an international group of financial regulators and related organisations, including the Financial Conduct Authority (FCA). This built on the FCA’s early 2018 proposal to create a global sandbox. The GFIN is a network of 29 organisations committed to supporting financial innovation in the interests of consumers.

The ADGM RegLab is a specially-tailored regulatory framework which provides a controlled environment for FinTech participants to develop and test innovative FinTech solutions.

As the first RegLab in the region and the world’s second most active FinTech sandbox, the RegLab is designed to foster innovation within the UAE financial services market for both new market entrants and existing financial institutions.

If you have questions or need any assistance, we're here to help.
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ADGM FinTech brochure
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FinTech Regulatory Laboratory brochure
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World's 1st Digital Sandbox
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