Home Banking & Finance Emirates NBD unveils 3rd cohort of NDTI programme

Emirates NBD unveils 3rd cohort of NDTI programme

Facilitated by the DIFC Innovation Hub, the third cohort will run between six to eight weeks and be hosted at DIFC’s Innovation One building

Emirates NBD unveils 3rd cohort of NDTI programme
The upcoming cohort will consist of a select group of fintech startups led by UAE National founders and members. Image credit: Emirates News Agency

Emirates NBD has unveiled the third cohort of the Emirates NBD National Digital Talent Incubator (NDTI) programme, the bespoke incubation program for Emirati fintech leaders.

Backed by a network of world-class industry partners, including DIFC Innovation Hub, Visa, Microsoft, and Dell Technologies, the programme has already had two successful editions that create transformative opportunities for the UAE’s next generation of fintech innovators.

“We are pleased to launch the third cohort of the National Digital Talent Incubator with the DIFC Innovation Hub. The NDTI program delivers remarkable outcomes by driving UAE’s economic growth and fostering innovation within the financial services sector,” said Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD.

Facilitated by the DIFC Innovation Hub, the third cohort will run between six to eight weeks and be hosted at DIFC’s Innovation One building.

The upcoming cohort will consist of a select group of fintech startups led by UAE National founders and members.

Participants will have the opportunity to acquire valuable insights from venture-building and innovation experts, as well as gain hands-on experience from accomplished entrepreneurs, in addition to exclusive access to a network of resources and ecosystems.

The aim is to nurture visionary ideas and contribute to the UAE’s goals of economic diversification and digital transformation.

The UAE’s fintech market is expected to continue its upward growth trajectory, driven by technological innovation, changing customer preferences and a positive regulatory environment.

Participants in the third cohort will feature a dynamic lineup of pioneering startups that reflect the diversity and innovation driving the UAE’s fintech ecosystem. These Emirati-founded ventures span from a super cash-back platform to a mobile money service, digital savings circles and an artificial intelligence-powered legal research platform, each addressing unique market needs while pushing the boundaries of financial technology.

“By collaborating with Emirates NBD, this initiative not only empowers the next generation of digital talent but also demonstrates DIFC’s commitment to fostering innovation and excellence in the financial sector,” said Mohammed AlBlooshi, Chief Executive Officer, DIFC Innovation Hub.

The 2024 programme promises an exciting mix of hands-on learning, mentorship, and regional exposure, including a cross-border trip to Egypt to connect with Emirates NBD’s Egypt division, plus key players in the broader ecosystem.