Guavapay, a leading payments enabler based in the UK, recently sent a delegation to the Gulf Region, including Qatar, Saudi Arabia, and the United Arab Emirates (UAE), to strengthen business ties and promote Britain as a top destination for Emirati investment. The visit, led by The Lord Mayor of London, Alderman Alastair King, aimed to showcase the UK’s fintech excellence and highlight how British innovation in digital payments and financial services is setting a global benchmark.
During the visit, the Lord Mayor praised Guavapay as a standout example of the UK’s fintech industry and its role in driving innovation and economic diversification. The trip also served as a platform for the Guavapay Group to explore co-investment opportunities and engage in high-level discussions focused on promoting sustainable finance across the Gulf Region.
“The UK and Gulf Region share a commitment to innovation, investment, and sustainable growth, which drives our dynamic and growing trade relationship, particularly in the financial sector,” said The Lord Mayor of London, Alastair King. “It was invaluable to have Guavapay represented as a leading fintech in the City of London to exemplify the continued strength and success of the UK fintech market.”
The visit yielded tangible outcomes, including the exploration of collaborative investment initiatives in priority sectors such as financial services, as well as discussions on resolving regulatory barriers for UK financial and professional services firms seeking to establish or expand in the Gulf Region.
Elkhan Nasibov, Managing Director of Guavapay, who was also recently granted freedom of the City of London, expressed his gratitude for the opportunity to represent Guavapay as part of the delegation. “It was an honor to be part of this distinguished delegation and engage in meaningful dialogues with Emirati investors, government officials, and financial institutions,” he said. “The visit also provided valuable opportunities to explore strategic partnerships and investment avenues that will support The Guavapay Group’s ambitions for global expansion, with the continued support of the City of London Corporation.”
The visit, which took place from May 30th to June 4th, included representatives from KPMG, The Aberdeen group, Howden, the British Embassy of Doha, the British Embassy of UAE, and the British Embassy of Abu Dhabi, as well as Guavapay and The City of London Corporation. The delegation also secured commitments for Emirati participation in upcoming City of London Corporation events, such as the Net Zero Delivery Summit and Global Risk Summit.
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