DIFC Innovation Hub Overview
- Investor Type
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Accelerator/Incubator
- Status
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Active
- Professionals
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1
- Investments
-
50
- Portfolio
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44
- Exits
-
6
DIFC Innovation Hub General Information
Company Description
Founded in 2017, FinTech Hive is an accelerator based in Dubai, United Arab Emirates. The firm seeks to invest in the fintech, financial services, regtech, and insurtech sectors.
Business Details
Investor Status
Primary Investor Type
Corporate Office
- Gate Avenue DIFC Zone D Level 1
- Al Mustaqbal Street
- Dubai United Arab Emirates
DIFC Innovation Hub Investments (50)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Wellx | 02-Nov-2023 | Accelerator/Incubator | Life and Health Insurance | Generating Revenue | ||
| Duverse | 06-Sep-2023 | Media and Information Services (B2B) | Generating Revenue | |||
| DoDocs | 09-May-2023 | Information Services (B2C) | Generating Revenue | |||
| Intelligent Assist | 09-May-2023 | Medical Records Systems | Generating Revenue | |||
| Zeroe | 01-Jan-2023 | Business/Productivity Software | Generating Revenue | |||
| Apaya | 27-Sep-2022 | Financial Software | Generating Revenue | |||
| FintechOS | 27-Sep-2022 | Financial Software | Generating Revenue | |||
| IntelliBonds | 27-Sep-2022 | Financial Software | Generating Revenue | |||
| Throo | 27-Sep-2022 | Accelerator/Incubator | Financial Software | Generating Revenue | ||
| Vault Hill | 27-Sep-2022 | Accelerator/Incubator | Media and Information Services (B2B) | Generating Revenue |
DIFC Innovation Hub Exits (6)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| WallyGPT | 02-Oct-2024 | Out of Business | |
| Haseed | 24-Mar-2024 | ||
| NOW Money | 01-Nov-2023 | ||
| Hala (Multi-line Insurance) | 15-Feb-2023 | ||
| TenureX | 06-Feb-2023 | Out of Business | |
| Receet | 11-Jul-2022 | Out of Business |
DIFC Innovation Hub Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
DIFC Innovation Hub Management, Team & Partners (2)
| Name | Title | Deals | Funds | Boards | Office |
|---|---|---|---|---|---|
| Mohammad Alblooshi | Chief Executive Officer | Dubai, United Arab Emirates |
DIFC Innovation Hub Co-Investors (11)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Accion | 1 |
|
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| Anthemis |
|
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| Dubai International Finance Centre |
|
|
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| Visa |
|
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| Wamda Capital |
|
|
DIFC Innovation Hub FAQs
-
What is DIFC Innovation Hub?
Founded in 2017, FinTech Hive is an accelerator based in Dubai, United Arab Emirates.
-
When was DIFC Innovation Hub founded?
DIFC Innovation Hub was founded in 2017.
-
Who is the CEO of DIFC Innovation Hub?
Mohammad Alblooshi is the CEO of DIFC Innovation Hub.
-
Where is DIFC Innovation Hub headquartered?
DIFC Innovation Hub is headquartered in Dubai, United Arab Emirates.
-
How many investments has DIFC Innovation Hub made?
DIFC Innovation Hub has made 50 investments.
-
What has DIFC Innovation Hub invested in?
DIFC Innovation Hub has made numerous investments in companies like Wellx, Duverse, and DoDocs within the Life and Health Insurance, Media and Information Services (B2B), and Information Services (B2C) industries.
-
What has DIFC Innovation Hub invested in recently?
DIFC Innovation Hub's latest investment was on 02-Nov-2023 in Wellx, a company within the Life and Health Insurance industry.
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