Amazon Payment Services launches Amazon Fintech Lab to foster innovation in payment services at DIFC’s Innovation Hub

Launched on the 25th of May, The DIFC Innovation Hub is an initiative announced in January 2020 by HRH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of the Emirate of Dubai as the region’s largest environment to foster the start-up community to shape the ‘future of finance’ and ‘future economies in the UAE’. The Innovation Hub is to become the center for digital innovation and creativity based in the heart of Dubai’s financial and fintech center.

Following the inaugural day, an “Innovation month” of events is taking place (May 25th- June 17th) in the space with talks and workshops on entrepreneurship, e- sports, mental health, education, blockchain, etc.

In support of this mission, Amazon Payment Services proudly launched “Amazon fintech Lab”. Through an ongoing program of events, the space aims to work with innovators, start-ups and partners to encourage fintech conversations, support new ideas and advance knowledge on the digital payment sectors worldwide.