Emirates Post Group (EPG) has been named as the logistics partner of the fintech accelerator program Hive 22, as part of a sponsorship agreement with FinTech Hive to promote the initiative.
FinTech Hive is a financial technology hub in Dubai, UAE, and part of the Dubai International Financial Centre (DIFC). By participating in the program, the postal group intends to enable the development of technology solutions for the improvement of the customer journey and the spectrum of technology co-creation among different players across the group. The selected startups will get access to a broader network of industry players that are expected to enable innovative co-creation of technology solutions. The agreement was signed by Abdulla Mohammed Alashram, group CEO of Emirates Post Group, and Raja Al Mazrouei, executive vice president of DIFC FinTech Hive.
Abdulla Mohammed Alashram said, “As the world continues to shift even more toward technological adoption, we are excited to partner with DIFC FinTech Hive, and explore collaborations with innovative fintech startups that are known to be more agile and can bring rapid solutions to today’s challenges. Emirates Post Group’s growth and investment strategy will depend on supporting fintech startups, and we look forward to nurturing and sustaining those startups within the region.”
Raja Al Mazrouei said, “As the first and largest financial technology accelerator in the region, the DIFC FinTech Hive Accelerator program enables the most innovative startups opportunities for partnership, investment and mentorship to help shape the future of the financial services sector. We are excited to partner with Emirates Post Group this year to support participants in bringing their innovative ideas to contribute positively to the industry.”