FROM SILICON VALLEY TO ABU DHABI: STARTUPS FROM PLUG AND PLAY ADGM’S FIRST BATCH GET READY TO PITCH AT DEMO DAY

ABU DHABI, United Arab Emirates, Dec. 4, 2018 /PRNewswire/ –

Plug and Play, the world’s largest startup accelerator and corporate innovation platform, and Abu Dhabi Global Market (ADGM), the leading international financial center based in Abu Dhabi, are hosting the first Plug and Play ADGM Demo Day on December 12th, 2018. The event will celebrate the graduation of the first batch of seven international Fintech startups that have been selected to participate in the three-month accelerator program, working alongside financial institutions from the MENA region with the aim to execute POC or pilot projects.

“After a year of building out Plug and Play’s presence in the GCC in partnership with ADGM, we’re proud to be reaching the culmination of these efforts at our Demo Day on December 12th. We’re incredibly excited to end the year on a high note and to maintain this momentum into 2019,” said Omeed Mehrinfar, Managing Partner, EMEA at Plug and Play.

“Our sincere congratulations to the Plug and Play EMEA team for their tremendous strides and success in Abu Dhabiand the region within such a short time-frame. This is a testament to their sterling expertise and peerless track record in delivering world-class acceleration value and program to wherever they go. As a strategic Fintech ecosystem builder and Plug and Play partner, we are encouraged by their ability to identify the startups with an edge and secure key financial partners to benefit from the upcoming pilot Fintech projects. We look forward to the investment and partnership deals that will be made at the Demo Day, and having our own Abu Dhabi unicorns one day,” said Wai Lum Kwok, Executive Director, Financial Services Regulatory Authority, ADGM.

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The startups will be presenting solutions for technology areas that are at the forefront for financial institutions in the MENA region, including cybersecurity, sales digitization, robo- advisory, and more.

Scott Robinson, named as one of the Top 100 Fintech Influencers and Advisor & Founder of the Plug and Play Fintech program, will be featured as the keynote speaker, discussing corporate innovation best practices and how to best engage with startups. Also included on the agenda is a panel discussion tailored around Fintech inclusion and cultural transformation within financial institutions.

Demo tables and a networking session will conclude the day, bringing together the corporations who built the ecosystem and the entrepreneurs who are disrupting it.

Plug and Play ADGM is proud to announce Shorooq Investments, VentureSouq, ADGM Academy and MENA Fintech Association as community partners, as well as MAGNiTT and MENAbytes as media partners for the Fintech Demo Day taking place in Abu Dhabi Global Market (ADGM).