UAE FinTech Company Profile #1 – DB Investing
1. Company Name: DB Investing
2. Website: www.dbinvesting.com
3. Key Staff & Titles:
- CEO: Gennaro Lanza
- Location(s): Dubai, UAE, Limassol, Cyprus, Seychelles, Lagos, Nigeria, Malta, Canada, Saudi
4. In one sentence, what does your fintech do?:
DB Investing provides an all-in-one finance platform offering investments, cryptocurrency solutions (wallets and payments), online banking, and multi-currency FX exchanges.
5. How / why did you start your fintech company?:
DB Investing was founded to bridge the gap in accessibility to financial services by offering a seamless, comprehensive platform for global clients to manage investments, trade forex, and explore crypto opportunities in a regulated and secure environment.
6. What is the best thing your company has achieved or learnt along the way (this can include awards, capital raising etc)?:
Achieving licensing from the FSA (Seychelles) and ESCA (Dubai), as well Fintrac in Canada, as well winning 10 awards in just three years was an achievement we never anticipated accomplishing in such a short period.
7. What’s some advice you’d give to an aspiring start-up?:
Focus on solving a real problem, invest in understanding your market, and prioritize customer trust by maintaining transparency and compliance with regulations. Persistence and adaptability are key to growth.
8. What’s next for your company? And are you looking into more countries?:
We aim to expand deeply into GCC, Africa, LATAM and Asia in 2024, enhance our platform with more innovative features, and strengthen our position as a trusted global financial hub.
9. What other fintech’s or companies do you admire?:
We admire companies like Revolut, Stripe, and Wise for their innovation, customer-centric approach, and ability to disrupt traditional financial systems while maintaining regulatory compliance.
10. What’s the most interesting or funniest moment that’s happened in your company’s lifetime?:
One of the most interesting moments was opening our Dubai office and being warmly embraced by the local market. It reinforced the importance of tailoring solutions to regional needs while maintaining a global vision.