From May 6th to 7th, one of the most influential global fintech events, the Dubai FinTech Summit 2024 (DFS), successfully concluded. Organized by the Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia (MEASA) region, the summit brought together outstanding financial and technology leaders from around the world to explore cutting-edge trends and innovative applications in fintech. According to the organizers, this year's summit attracted over 8,000 high-profile attendees, more than 300 speakers, and over 200 exhibitors from across the globe.

PhotonPay was honored to be invited to attend the summit alongside globally renowned companies such as VISA, Emirates NBD, and MasterCard. This marks a new phase in PhotonPay's global strategic expansion. As the only payment service provider from the Asia-Pacific region to be awarded Bronze-level exhibitor status, industry-leading media widely sharing the news.

Global financial giants gather to discuss the future of finance

According to the Dubai Economic Agenda D33, Dubai aims to become one of the world’s top four financial centers by 2033. This year’s Dubai FinTech Summit is focused on encouraging cross-border collaboration and innovation, which is crucial for the transformation of the global fintech industry. The summit provides a unique opportunity to explore emerging fintech trends and their potential to drive financial development in the Middle East and Africa. PhotonPay, a leading global payment PaaS platform, brought together its teams from Hong Kong, Shenzhen, and the UK to showcase the latest global integrated payment solutions and cutting-edge fintech applications to a global audience. Their presentation received widespread attention and high praise from attendees.

* Lewison Chen with VP Banking & Capital Markets, DIFC

At the summit, PhotonPay CEO Lewison Chen engaged in in-depth discussions with the Vice President of Banking and Capital Markets at DIFC, focusing on PhotonPay’s one-stop product suite, including global payment processing, acquiring, virtual credit cards, fund distribution, and foreign exchange management. They also delved into cutting-edge topics in the fintech industry. During the summit, PhotonPay CEO Lewison Chen stated, "As a global payment platform and digital financial infrastructure provider with a worldwide perspective, we rely on our advanced technology and products, solid foundation, and services. We look forward to partnering with more high-quality ecosystem partners globally in the future, establishing a broad network of cooperation, sharing valuable resources from various industries, and ensuring that the benefits of fintech innovations reach more companies worldwide, thereby promoting the prosperity and progress of fintech.".

Witness world-Class technology, innovate a new financial ecosystem

In recent years, cutting-edge information technologies such as internet finance, big data, artificial intelligence, and cloud computing have flourished, leading to the widespread application of fintech in global trade and finance. On one hand, the dual forces of globalization and technological innovation have opened up new opportunities for small and medium-sized trading enterprises to participate in global supply chains. On the other hand, fintech has revolutionized traditional high-cost, low-efficiency payment settlement methods, significantly improving the efficiency of financial services and drastically reducing the costs of international payments and receipts. This has brought unprecedented convenience and benefits to global trade companies. As a leading global payment service provider, PhotonPay is committed to building world-class digital financial infrastructure. By closely collaborating with international card networks, global banks, and local clearing institutions, PhotonPay harnesses the power of technological innovation to empower its clients, helping global enterprises overcome geographical and currency barriers, and providing secure, convenient, and efficient global payment services.

Amid the wave of digital transformation and the new era of globalization, global merchants and enterprises are undergoing digital transformation at an unprecedented pace and actively seeking to expand into overseas markets. In response to this trend, PhotonPay is proactively enhancing its global payment licensing system, increasing investments to enrich its global service network, and is dedicated to providing efficient and convenient digital payment services for global trade enterprises.

Stepping onto the global stage: invited to exhibit at Money20/20 Europe

As the trend of global expansion gains momentum, companies of all sizes are rapidly initiating their overseas deployments. PhotonPay is also keeping pace, accelerating its progress and deepening its global presence, stepping onto the world stage. It has been announced that PhotonPay will be invited to attend Money20/20 Europe from June 4th to June 6th this year. The event will provide a platform to explore the limitless possibilities spanning payments, fintech, and the broader financial services industry in the international fintech market.

To date, PhotonPay has served over 200,000 businesses across various industries, including B2B import and export trade, DTC e-commerce, platform e-commerce, SaaS services, digital entertainment, travel and study abroad, game development, and advertising networks. Its business network spans more than 180 countries and regions worldwide.