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Leading Fintech Instimatch Global Joins Qatar Financial Centre

05 Feb 2020

Leading Fintech Instimatch Global Joins Qatar Financial Centre

FinTech

The Qatar Financial Centre, one of the world's leading and fastest growing onshore business and financial centres, welcomed Zurich-based FinTech Instimatch Global, the leading network for institutional money market trading, to its platform.

 

Qatar recognises the value of Fintech in the growth and sustainability of the financial sector and has developed a National Fintech Strategy to establish the country as a regional leader in this technological evolution. With a favourable macroeconomic environment, excellent business infrastructure and access to a $2.1 trillion regional market, Qatar offers FinTech companies a lucrative market to grow their business and expand in the region.

 

Henk J. Hoogendoorn, Managing Director, Financial Sector, QFC Authority said: "The QFC is committed to the growth of Qatar's financial services industry encompassing FinTech, Islamic Finance, Capital Markets and Asset Management. FinTech companies are profoundly changing the way business is conducted in the financial services sector and Instimatch Global is one such company, ushering in services that are more efficient and cost-effective. The launch of this fintech disrupter in Qatar is a welcome addition to the 839 firms currently registered on the QFC platform, and an important development in establishing Qatar as the region's FinTech hub."

 

Sadiq Hamour, Director of Financial Institutions, QFC said: