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BRICS Nation "UAE's Fintech Market Rises 92% amidst Global Funding Slowdown" UAE Defies Trend with 92% Jump , 54 deals, $1.3 billion investment Below excerpt article reported by Chmiel. D. (2024, January 10). UAE's Fintech Market Rises 92% amidst Global Funding Slowdown. Finance Magnates "Despite the global fintech funding slowdown, the United Arab Emirates was a standout performer. The UAE saw fintech investment skyrocket 92% in 2023 thanks to the growing adoption of digital banking and fintech tools in the region. This was the first time the UAE made the top 10 list of most well-funded fintech hubs." "Economies of the Middle East, particularly the UAE, are becoming increasingly attractive for companies in the financial sector, including cryptocurrency exchanges and FX/CFD brokers. The UAE has been striving for at least a year to become a crypto and financial hub, offering more business-friendly regulations to companies entering this market than other major jurisdictions." To read full article, click here Photo by Gijs Coolen on Unsplash Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates. #GlobalNews #Crypto #US #USA #CNN #SEC #Binance #Coinbase #Bitcoin #cryptocurreny #America #US #Stock #Exchange #Exchange #Blockchain #global #fintech #UAE #BRINCS #MiddleEast