Brave new world of financial technology takes root in the UAE

Assistant Business Editor Chris Nelson talks to Craig Moore, the founder and chief executive of the UAE peer-to-peer lending platform Beehive.ae, about the rise and rapid evolution of financial technology in this region. While well established in the US and UK, fintech, as it is called, has only really taken off here in the past two or three years. With the Government keen to push the growth of a knowledge-based economy and encourage the growth of the small and medium-sized business sector, how does fintech fit in with the UAE’s development plans?