News DeskDubai, UAE – Dubai’s iAccel Gulf Business Incubator (iAGBI) has announced a strategic partnership with ERB, a dynamic B2B2C Fintech financing broker, as they align with Dubai’s vision of becoming a global fintech hub. This collaboration is expected to drive innovation and growth in the UAE’s financial sector. iAccel GBI, a catalyst in the India-UAE Startup Corridor, is committed to nurturing fintech startups in the region, collaborating with various stakeholders to facilitate the digital transformation of the financial industry.
The CEO of iAccel Gulf Business Incubator, Deepak Ahuja, noted the UAE’s forward-thinking approach and anticipates significant growth in its fintech ecosystem, especially with innovative companies like ERB. This partnership aims to enhance collaboration between Indian and UAE startup ecosystems, facilitating the exchange of financial products in the B2B2C sector.
Dubai’s financial sector has become a key driver of the emirate’s economy, contributing up to 10% of its GDP, attracting foreign investments, and supporting MSMEs and entrepreneurship. iAccel GBI offers comprehensive support for fintech startups, including licensing, workspaces, mentorship, legal guidance, funding access, and an extensive investor network.
ERB’s technology is set to bridge gaps in the UAE’s BFSI industry by providing process automation, instant payouts, enhanced rate offerings, and a cross-selling engine for financial distributors, leading to operational optimization and business growth.
Manish Aggarwal, Founder & CEO of ERB Fintech Finance Broker, highlighted the vibrant entrepreneurial ecosystem in the UAE and its openness to innovative fintech solutions. The partnership with iAccel GBI provides ERB with the ideal launchpad for expanding its footprint in the UAE.
With the combined strengths of iAccel GBI and ERB, the UAE’s fintech sector is set for rapid growth, solidifying Dubai’s position as a global fintech hub and contributing to the emirate’s economic goals for 2033.
