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Abu Dhabi 22-10-2019
Participants at the Abu Dhabi Financial Technology Festival (Fintec Abu Dhabi 2019) discussed ways to build and develop a multi-billion dollar company and the role of artificial intelligence in changing lifestyles as well as raising the issue of the successful transition of companies from the local to the global level.
The second day of the global financial and technical event – held at the Abu Dhabi National Exhibition Center (ADNEC) – has witnessed a busy schedule of discussions and sessions attended by more than 5000 of the most prominent regional and international entrepreneurs and specialists and chief executives and innovators in the presence of His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan Member of Abu Dhabi Executive Council Chairman of Abu Dhabi Executive Office and a number of members of the Council.
The second day of Vintec Abu Dhabi 2019 saw a session of startups that managed to generate significant unicorn revenues, chaired by Elizabeth Chloezi, CNBC / UK technology correspondent, with Lucy Lowe, co-founder and president of the Australian startup Airwallex. Greensil, co-founder and CEO of Greensil, a leading provider of capital financing, gave speakers an explanation of their company’s achievements and how they managed to achieve more than $ 1 billion in business.
“Success needs to think well, be ambitious, work with a group of people who believe in what you do,” said Lowe. “Talent is of course very important, and business management depends on being dynamic to provide the best customer service. “A good team is very important. It’s hard to open up to the world if you don’t have the right people on the ground.”
“Success is linked to a new vision, determination to implement it and, more importantly, patience,” said Lex Greensel.
Bromuth Mengat, CEO of Finablr Money Transfer and a global payment platform, delivered a speech in which he advised business leaders who want to grow their business from local success to global influence.
“The best advice I can give to startups and entrepreneurs is to focus on the magnitude of problems that can be solved. Growth and expansion depend on customer interest and innovation,” Bromouth said. “Money is a part of everyday life. Changes in the market that continues to evolve. ”
His Excellency Khalifa Salem Al Mansouri, Acting Chief Executive of Abu Dhabi Securities Exchange (ADX), addressed the participants at Vintec Abu Dhabi 2019 on the impact of digital transformation on the global financial services industry.
Innovative technology products and services have modified the way companies operate today and helped them grow and stay ahead of the competition.
“ADSM continues to be a leader in technological advancement, fully adopting Vintec’s concepts and putting it at the heart of its digital acceleration strategy. This approach is in line with the UAE government’s plans to digitally transform the UAE’s financial transactions, services and products, and its quest to develop a financial market. Ensures safe and transparent circulation. ”
In another session, Edward Knight, Vice Chairman of NASDAQ International, explained how the region is witnessing significant economic growth and cooperation.
“We are seeing significant growth both in terms of market reform and greater coordination to maintain higher levels of liquidity,” he said.
Knight advised startups on what it takes to be listed on the Nasdaq Stock Exchange, pointing out that there are many ways to succeed but not easy. Building a public company is not available to everyone and requires a lot of discipline and production capacity, on a predictable basis. Its stable revenue and dividends to shareholders.
The Abu Dhabi Financial Technology Festival “ Vintec Abu Dhabi 2019 ” will continue on Wednesday at the Abu Dhabi National Exhibition Center for the third and final day and will witness the youth seminar to highlight the entrepreneurs in the UAE to discover the wide opportunities offered by Vintec Abu Dhabi 2019.
The session will include discussions among regional and international experts on ways to expand Vintec’s environment and develop the knowledge economy in the UAE.
Steve Kirsch, CEO of Token, a PSD2-compliant open banking platform, will deliver a speech to the public titled “Cryptocurrencies Will Change Everything in the Future”.
