Verto, the leading B2B cross-border payments and foreign exchange (FX) enabler, today announced that it has been selected as part of the DIFC FinTech Hive 2022 Accelerator Programme Cohort. The programme offers the most innovative start-ups access to the Middle East, Africa and South Asia (MEASA)’s largest financial industry banks and insurance companies for partnership opportunities, exposure to investors and mentorship.

The selection to be part of the Accelerator Programme marks Verto’s continued commitment to building cross-border technology of the future that solves the fragmented landscape of cross-border payments in emerging market economies, consistently ensuring companies, irrespective of size and turnover, have access to the global financial system, regardless of where they are based.

Bringing together an unrivalled community of the region’s leading financial services companies, such as Visa, Abu Dhabi Islamic Bank (ADIB), HSBC and Emirates Post Group, the Accelerator Programme pairs selected startups with industry partners, unlocking new growth opportunities through access to funding, regional business intelligence and market access, and bringing Verto’s innovative ideas to the forefront to continue to positively impact the financial services landscape.

Ola Oyeatyo, CEO and Co-Founder of Verto, said: “DIFC FinTech Hive’s Accelerator Programme selects the most promising and innovative businesses in the financial services industry, and as an award-winning startup powering cross-border payments for some of the fastest growing companies conquering the industry, we’re proud to have been chosen after a rigorous and competitive process.”

He concluded: “Beginning with an extensive five-day bootcamp, consisting of workshops delivered by industry experts and thought leaders on a range of important topics, including local regulations, market and technology trends and funding, we look forward to connecting with equally innovative businesses and leading the future of the region’s financial sector.”