Cynopsis Solutions is honoured to have been selected as a participant in the Dubai International Financial Centre (DIFC) Fintech Hive Accelerator Programme, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region. Launched in January 2017, DIFC FinTech Hive has grown to become a hub of innovation, leading the MEASA region’s efforts to transform the future of finance. The accelerator programme supported by 21 financial industry partners, attracts leading technology entrepreneurs and innovation start-ups through an intensive, competitive process to participate in a 14-week curriculum that enables growth-stage start-ups expand in the MEASA region.
Cynopsis was chosen from amongst a pool of over 600 promising technology start-ups & scaleups and made the final list of 17. The shortlisted companies will have unparalleled access to work with some of the largest financial institutions and insurance companies located in the Middle East. We will undergo an intensive 14-week accelerator programme where during the first phase we are paired with mentors to complete the second phase of the programme to further refine our product proposition and possibly engage in a Proof of Concept. The programme concludes with an Investor Day where we will get the chance to present to a large audience of investors, industry leaders, media, and other members of the FinTech Community in the region. We are also extremely delighted to see FOMO Pay, a Singapore-based client of ours, to be amongst the 17 finalists in this cohort.
“Cynopsis Solutions combines deep regulatory and financial services knowledge with the latest functional technologies and is operating at the forefront of the RegTech revolution for KYC/AML. We are excited to share those capabilities with the highly regarded financial services ecosystem of the Middle East. Headquartered and founded in Singapore with offices in UK, Vietnam, Taiwan and recently in Abu Dhabi, our innovative solutions simplify complex Compliance processes for clients around the world and set them on the right path to achieve regulatory advantage with automation and digitisation. We hope to bring our technology to improve the experience of customers around the world, especially as we navigate through the unique challenges of the post-COVID-19 world.” – Avere Hill, Co-Founder & CEO EMEA, Cynopsis Solutions.
About Cynopsis Solutions
Founded in 2014 and headquartered in Singapore, Cynopsis Solutions offers RegTech solutions designed to digitise and automate Compliance and regulatory processes, in particular know-your-customer, anti-money laundering, and counter-terrorism financing. Cynopsis Solutions’ accolades include MAS FinTech Awards (2018), RegTech100 (2018, 2019) and Financial Times Top 50 High Growth Companies in Asia-Pacific.
Our end-to-end KYC/AML solutions are designed according to the global FATF recommendations, applicable to more than 180 jurisdictions and is already helping more than a thousand B2B customers in the Banking, Financial Services, FinTech and Cryptocurrency, Professional Services and Gaming sectors globally.