The UAE is striving to support and develop the very nascent local fintech start-up ecosystem with rivalry emerging between Abu Dhabi and Dubai to be the hub.
“It’s a tiny ecosystem. We go to events and there’s six guys having the same conversations every month,” jokes David Martinez de Lecea, a management consultant and co-founder of Finerd, a Dubai-based robo-advisory investment manager.
https://www.ft.com/content/4758579c-bff6-11e6-9bca-2b93a6856354