Seamless North Africa 2019 concludes events with Fintech competition

Courtesy of Seamless Middle EastCAIRO - 19 June 2019: The second round of “Seamless North Africa 2019” conference has come to an end yesterday. “The Conference is a step further towards Egypt’s transformation into a regional FinTech hub, and fosters joint collaboration with Arab and African countries and International and Regional Institutions. This will benefit regional economies and help improve the standard of living.”.The startup awarded the third competition, sponsored by Emirates NBD-Egypt (ENBD), was also announced during today’s event, whereas five Startup companies, specialized in e-payment applications and cross-border transfers competed in this contest. The first day of the conference witnessed the announcement of winners of the competition sponsored by the National Bank of Egypt (NBE) in the field of Artificial Intelligence, while the second competition sponsored by Commercial International Bank (CIB) was in the field of digital financing.As part of the Fintech cooperation agreement signed with the Central Bank of Singapore Mr. Muhanti, Chief Fintech Officer, announced the winners of Fintech Galaxy Competition, who will be participating in the Singapore Financial Technology Competition.The opening speech of the second and final day of the Conference was delivered by H.E. The exhibition shed light on the latest Fintech applications presented by 50 leading companies and institutions in the field of innovation and financial technology.

June 19, 2019 11:26 UTC

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