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Get to know Mena Fintech Association

The MENA Fintech Association (MFTA) is a non-profit industry body dedicated to supporting the growth and development of the financial technology ecosystem in the Middle East and North Africa. It acts as a central platform that connects various stakeholders, including financial institutions, technology vendors, investors, accelerators, policymakers, and regulators. The association's mission is to facilitate collaboration, drive innovation, and advocate for progressive regulation to create a thriving and sustainable fintech landscape in the region.

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Mena Fintech Association

United Arab Emirates

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.