The DIFC Innovation Hub, the largest innovation community in the region, is home to more than 700 growth-stage tech firms, established innovation companies, digital labs, venture capital firms, regulators, and educational entities — and now Penta is proud to be one of them. We completed our office move on 1 May and can’t wait to become part of the flourishing— and ever-growing — community it fosters.
“The thriving facility aims to generate new economic value by fostering innovation, enterprise, and talent across various sectors, especially in the future-oriented industries,” says the DIFC.
Or, as Farhad Khalilnia, Penta CEO, puts it: “This move is both timely and strategic. The area is buzzing with progress and innovation, and we are definitely part of that.”
The DIFC Innovation Hub is home to the first and largest financial technology accelerator in the Middle East, Africa, and South Asia (MEASA) region. So, it’s no wonder it attracts so many FinTech, InsurTech, RegTech and Islamic FinTech start-ups looking to capitalise on big opportunities with the region's most established financial service organisations.
The Innovation Hub has accelerator programmes, licensing, co-working support, a community of like-minded individuals, and a supportive and comprehensive regulatory framework — and the view of the Burj Khalifa isn't bad either.