The Pakistan Fintech Challenge brings together the most disruptive emerging and scaling FinTech talent from Pakistan to address real local and global challenges championed by corporates through to proof of concept or prototype. The challenge creates a winning opportunity for Fintechs to work with leading Pakistani and regional corporates on real problems.

 

Pakistan Fintech Challenge is the first stop of the most Premier Fintech gathering in MENA, FINTECH ABU DHABI. Which is the gateway to the Middle East & North Africa for global and regional FinTech businesses. Abu Dhabi Global Market the leading IFC in the world, in collaboration with Pakistan Fintech Summit and Unbound, will act as a catalyst for collaboration between global corporate leaders and FinTech start-ups from Pakistan.

FinTech Abu Dhabi:

Every year Abu Dhabi Global Market and partners hunt for the disruptive businesses developing the solutions to problem statements. The winning Startups of Pakistan Fintech Challenge that will be selected are then invited to take part in Innovation Deep Dives with Corporate Champions during FinTech Abu Dhabi before pitching their solution to an audience of financial institutions, regulators, corporates and media in Startup Battles on the Main Stage of FinTech Abu Dhabi.

 

By taking part in the Innovation Challenge, startups will have the opportunity to enter into long-term relationships with the Corporate Champions and will be invited to set up their base on Abu Dhabi's Al Maryah Island.  Pakistan Fintech Summit 2020 is your chance to leap frog and get known by the world of Fintech.

The Innovation Challenge 2020 -

Have You Got What It Takes?

CHALLENGE

AREAS

  • Financial Inclusion 

  • RegTech & SupTech 

  • Banking & Finance

  • Insurance

  • Digital Marketplaces 

  • Wealth & Asset Management

  • Security & Trust

EVALUATION

CRITERIA

  • Value Proposition - ability of solution to address the problem statement

  • Business Model - ability to scale and generate revenue

  • Performance - market readiness and maturity

  • Team - experience of team members

2019 PROBLEM

STATEMENTS

Click below to see the 2019 Problem statements:

Benefits of taking part

entering

  • Prove solutions to corporate partners and wider industry participants for increased market recognition

  • Obtain guidance and solution refinement from ADGM, TIERONE and UNBOUND 

  • Explore potential market expansion opportunities with support from PFS and ADGM as a strategic partner 

  • Opportunity to tie up with our corporate champions for adoption of your innovative solution 

  • Utilize a branded exhibition booth for your company during the Pakistan Fintech  Summit. FinTech Abu Dhabi Festival in Abu Dhabi

  • Receive a travel stipend of up to $1,200 USD for travelling to the Fintech Abu Dhabi Festival

Winning

  • An opportunity to apply to the Hub71 incentive program and win subsidized housing, office space and health insurance in Abu Dhabi

  • In 2019, the top two finalists benefited from the opportunity to represent Abu Dhabi and the MENA region at the Singapore Fintech Festival in November 2019, as well the chance to receive a PoC grant of up to SGD 200,000

  • Opportunity to co-develop Proof of Concepts (PoC) with Corporate Champions in Abu Dhabi, for future deployment in Abu Dhabi, the UAE, and beyond