What flagship fintech co-working and innovation hub, opened in 2018 in Bahrain Bay, is one of the largest dedicated financial technology ecosystems in the MENA region?
Answer and explanation
Correct answer: C. Bahrain FinTech Bay
- Step 1: Bahrain FinTech Bay was launched in February 2018 at the Arcapita building in Bahrain Bay through a partnership between the EDB and FinTech Consortium.
- Step 2: It hosts international fintech startups, venture capital incubators, and testing labs operating under the CBB regulatory sandbox.
Answer
Bahrain FinTech Bay.
Why not the others: 'DIFC FinTech Hive' is located in the Dubai International Financial Centre; 'Hub71 Abu Dhabi' is backed by Mubadala in Abu Dhabi; 'Qatar FinTech Hub' is an incubator in Doha.
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