United Fintech Expands Operations with New Office in Dubai’s DIFC

• United Fintech, in partnership with Athena, has opened a new office in the Dubai International Financial Centre (DIFC).
• This move is a strategic expansion into the UAE, recognizing the region’s critical role as a financial technology hub.
• United Fintech’s CEO, Christian Frahm, sees this as a significant opportunity for growth and enhancement of their ecosystem.

United Fintech, a leading industry-neutral Digital Transformation platform, has announced its expansion into the UAE with a new office in Dubai’s DIFC, marking a strategic advancement for the company.

Strategic Advancement for United Fintech

United Fintech’s CEO, Christian Frahm, sees the expansion into the DIFC as a strategic advancement for the company, broadening the global footprint of their industry-neutral Digital Transformation platform. The move is expected to meet the growing demands of the financial services industry in the region, where the West meets the East. The company has already reported significant interest, particularly for Athena’s full front-to-back OMS/PMS solution.

Enthusiastic Market Reception

United Fintech has received an enthusiastic market reception in the region, presenting substantial opportunities for growth and the enhancement of their ecosystem. Rasmus Bagger, CCO, United Fintech, commented on the expansion, stating that it is a significant opportunity for United Fintech to grow its client base and team in the region. The company aims to play a major role in connecting Financial Institutions with cutting-edge technology providers, all under a single platform.

Enhancing Services and Driving Technical Transformation

Raj Rathor, Head of EMEA Sales at Athena, sees United Fintech’s establishment in the DIFC as significantly broadening Athena’s horizons. This move enhances their ability to extend their services to drive technical transformation and enhance the operating models of asset managers and hedge funds in the region. The ability for the buy-side to have a truly cloud-native solution that can keep clients’ data within the state is a game changer. This expansion represents their commitment to the region’s buy-side community, their GCC clients and acts as a strategic milestone for the entire United Fintech group.

Conclusion

United Fintech’s expansion into the DIFC marks a significant milestone for the company, presenting new opportunities for growth and the enhancement of their ecosystem. The company aims to become the backbone of finance in the digital era, accelerating innovation, and uniting the best fintech founders on a single platform. This move is a testament to their commitment to creating efficient symbiosis between customers, banks, and technology, delivering elegant solutions for automating workflows, easing onboarding, delivering efficiencies, and saving costs.