2 UAE firms among DIFC's 11 fintech start-ups

The Dubai International Financial Centre (DIFC) on Monday announced 11 finalists as part of its inaugural FinTech Hive accelerator programme which features two UAE companies and nine from other parts of the world.

Among the short-listed financial technology start-ups include UAE-based Birdg which introduced a custom-built communication technology that allows smart phones to send and receive money while offline. The second start-up Sarwa is the first-hybrid automated investment platform which makes investing simpler with a personalised, low-cost and diversified portfolio.

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