Fintech
United Fintech expands global presence in the UAE with new office in the DIFC
LONDON, 13 May 2024–(COMMERCIAL WIRE)–Fintech United is increasing its global presence with the opening of a new office in the Dubai International Financial Center (DIFC). This strategic expansion into the UAE, led by Athenaone of United Fintech’s partner companies, is a response to robust market demand and highlights the UAE’s vital role as a hub for financial technology.
United Fintech is an industry-neutral digital transformation platform that enables banks and financial institutions to accelerate access to a range of innovative fintechs specializing in capital markets. This latest development from United Fintech builds on its mission to drive digital innovation, deliver transformative solutions and enhance the capabilities of financial institutions around the world.
“The expansion into the DIFC marks a strategic advancement for United Fintech, expanding the global footprint of our industry-neutral digital transformation platform and meeting the growing demands of the financial services sector. We are encouraged by the enthusiastic market reception and the significant opportunities this offers for our growth and the improvement of our ecosystem,” says Christian Frahm, CEO of United Fintech.
Rasmus Bagger, CCO, United Fintech, will have overall responsibility for the Dubai office. He comments: “This is a significant opportunity for United Fintech and we are excited to grow our customer base and team in the region and play an important role in connecting financial institutions with cutting-edge technology providers, all under one platform.”
Early successes signal future growth
As United Fintech takes root in the UAE, it is already seeing significant interest in its innovative offerings from across the region. Athena, part of United Fintech, known for its world-class complete front-to-back OMS/PMS solution, has seen notable success.
“The establishment of United Fintech in the DIFC is significantly broadening Athena’s horizons, enhancing our ability to extend our services to drive technical transformation and improve the operating models of asset managers and hedge funds in the region. The capability of the buy-side to have a true Cloud-native solution that can keep customer data within the state is a game-changer. The growth of our presence across the GCC represents our commitment to the buy-side community. side of the region and our GCC customers and is a strategic milestone for the entire United Fintech group,” says Raj Rathor, Head of EMEA Sales at Athena.
Founded in 2020, United Fintech employs over 160 people across eight countries, including the UK, Denmark, Spain and the US. Its industry-neutral digital transformation platform provides access to a broad range of products from five innovative capital markets software companies: Athena, CobaltFX, FairXchange, Netdania AND TTMzero.
The story continues
For more information, visit www.unitedfintech.com
About United Fintech · Founded in 2020, United Fintech is an industry-neutral digital transformation platform where global financial institutions and cutting-edge technology providers come together to unleash their full potential and enable the future of finance. United Fintech remains on the frontier of innovation by acquiring engineering-led fintechs in capital markets, wholesale banking and wealth management under one central umbrella and in just four years the company has acquired five fintechs and is on track to acquire many more. In 2024, United Fintech received investments from BNP Paribas, Citi and Danske Bank. Read more about www.unitedfintech.com
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