New York University Abu Dhabi (NYUAD) and UAE Exchange signed a Memorandum of Understanding in order to advance with Fintech (Financial Technology) innovation in the country through startAD – a platform for innovation and entrepreneurship based at NYU Abu Dhabi. What it basically does is catalyses early stage startups with literacy and tools which will help it with developing a scalable, repeatable and efficient startup.
Promoth Manghat, CEO of UAE Exchange Group, said: “As a home-grown brand we are committed to the growth of digital innovation and entrepreneurship in the UAE. Our tie-up with NYUAD for the startAD initiative reaffirms this commitment. We see startAD as a platform that will foster a culture of innovation in the UAE and help attract phenomenal talent.”
For more information about the partnership, read here.