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Emirates Islamic, Plug and Play Abu Dhabi accelerate fintech innovation in the UAE

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Emirates Islamic bank has launched a fintech accelerator campaign in collaboration with Plug and Play Abu Dhabi.

 

The campaign is a call to action for Islamic fintechs and financial startups with propositions that can enhance customer journeys across SME financing, trade finance, and financial wellbeing. This builds on Plug and Play Abu Dhabi’s partnership with the banking group. Earlier in 2022, Emirates NBD had partnered with the platform to boost its open innovation ecosystem globally.

 

As a player in digital banking, Emirates Islamic has continued to strengthen its digital offerings, allowing customers easy access to a range of transactions backed by banking innovation. In 2022, the bank launched various initiatives including ATM/CDM transformation and cutting-edge chatbot banking, registering a 21% increase in online and mobile banking transactions.

Harnessing innovation in the Islamic fintech ecosystem

The fintech accelerator campaign will enable the bank to deliver differentiated offerings with the support and co-creation of solutions with fintech players…

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