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Yalla Fintech 2020 hackathon to boost financial inclusion

Saturday, 10 10 2020, Category: Financial, Country: Middle East
UAE-based FinTech Galaxy is accepting applications for its virtual hackathon that will focus on developing tools that can expand financial inclusion for businesses and individuals in the Arab world.

The Yalla FinTech hackathon is a partnership between FinTech Galaxy and German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit to boost financial inclusion. Start-ups and tech firms can now submit their proposals to address technical challenges in digital lending, financial awareness and cybersecurity.

“We are home-grown with a track record and a global FinTech network that enables us to bring together start-ups, progressive banks and ecosystem partners from the Arab markets. In doing so, we harness a common goal, embracing FinTech innovations for better livelihoods,” Mirna Sleiman, founder and chief executive of FinTech Galaxy, said of the hackathon’s launch.

In the Middle East and North Africa, two out of three people do not have a bank account, according to the World Bank.

Source: The National – UAE
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