The regional expansion is a strategic feat that comes as part and parcel of the UAE government’s commitment to regulatory financial health.
Introducing disruptive tech solutions to the rapidly expanding regional financial market, Ireland’s RegTech startup, DX Compliance, has formally expanded its operations in the MENA region with its new base in Abu Dhabi, UAE.
The user friendly AI-enabled anti-financial crime and compliance startup provides software solutions with top-of-the-line capabilities that highlight and manage regulatory and financial risks. Given the Emarati government’s commitment to the regulatory health of its financial services sector, the market DX Compliance is penetrating is proving to be of special importance to their expansion plans.
“With UAE topping the list of countries in the Middle East with the highest number of financial technology start-ups, we knew this would be the best market for us to begin our journey from,” said Simon Dix, CEO & Founder of DX Compliance. “After successfully launching in the UAE and securing a place in the two biggest start-up accelerator hubs in the UAE, we are looking to expand our offer into the wider MENA region.”
DX Compliance has also recently appointed financial compliance and FinTech expert, Razi Ardakani, as their Head of Growth to pioneer their regional expansion and expedite global expansion strategies.