Tuesday, 22 August 2017
British Participation in Dubai FinTech Accelerator Programme
The first 12-week accelerator programme of the Dubai FinTech Hive which I mentioned in FinTech in Dubai on 3 Aug started on 21 Aug 2017 with its first cohort. One of the members of that cohort is the Cardiff wealth management solutions provider, Delio Ltd ("Delio").
Delio was founded by Gareth Lewis and David Newman with the mission of building "!a connected, multi-asset class private market that enhances liquidity and access for today's high net worth investor" (see the About page on the Delio website). Its first product is "a complete white label platform solution for private assets, that helps organisations and their advisors enhance their offering through connecting private deal flow with high net worth capital."
The other members of the first cohort are Bridg and Sarwa from the United Arab Emirates, Labiba of Jordan, Maliyya of Azerbaijan, Middleware, Semantify and Starling Trust of the USA, Norbloc of Sweden, Theme Chain of India and Weinvest of Singapore (see FinTech Hive at DIFC commences Inaugural Accelerator Programme 21 Aug 2017). I wish Delio and all those companies every success in the programme and, in particular, on the Investor Day in November.
A British contribution will also come from Clyde & Co and Simmons & Simmons "who will offer advice on how to navigate the region’s legal landscape."
Delio and the other companies will find more legal resources on fintech on my FinTech page. They will also see that I cover IP and related matters in the GCC countries in NIPC Gulf. I have also started to blog about IP in the Severn estuary conurbation where Delio is based in NIPC Severn-Hafren (see Why NIPC Severn-Hafren 6 Aug 2017).
Anyone wishing to discuss this article or the legal issues of fintech generally should call me on +44 (0)20 7404 5252 during UK business hours or send me a message through my contact form.
Jane Lambert FinTech in Dubai 3 Aug 2917