UAE Tech Podcast: GIGA, Banking For the Gig Economy

Published October 8th, 2023 - 06:25 GMT
GIGA: Banking For the Gig Economy | Al Bawaba
GIGA: Banking For the Gig Economy | Al Bawaba

Originally from Estonia but a long-term resident of Japan, and Japanese speaker, Raul Allikivi has successfully negotiated the regulatory climate in Tokyo to launch Gig-A. 

Recently winners of a GITEX Fintech Surge award at Stockholm Fintech Week, the company are eying the UAE and GCC Markets. GIGA is focused on providing services to underserved foreign nationals, who have trouble opening a bank account, and gig economy workers, who may be making relatively small and short-term deposits. 

GIGA is focused on providing services to underserved foreign nationals, who have trouble opening a bank account, and gig economy workers, who may be making relatively small and short-term deposits

Inspired by European Open banking, Raul looks to a time where our bank accounts travel with us no matter where we are in the world, with local or nation-state banking as a bureaucratic nuisance from the past.  

So what are the parallels between Japan and the UAE, and can we get cartoon characters on check-books here in Dubai?
 

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