FinTech Cohort Application
Cohort Eligibility
To be considered for the ITL cohort, a business should meet the following criteria:

(a) it must involve the use of innovative Fintech, by offering a new type of product or service or applying innovative Fintech to an existing product or service;
(b) it must involve an activity that, if carried on in or from the DIFC, is a Financial Service (i.e. it is within the scope of the activities that the DFSA regulates);
(c) the Fintech Operator must be ready to start live-testing of its Fintech business with customers; and
(d) the Fintech Operator must intend to roll-out its Fintech business on a broader scale in or from the DIFC once it has successfully completed testing.
1. Contact details
1. Contact details
2. Information about the firm
2. Information about the firm
3. Is the firm or a related entity currently (or previously has been) regulated anywhere?
3. Is the firm or a related entity currently (or previously has been) 
regulated

 anywhere?
4. Is the firm incorporated anywhere?
4. Is the firm incorporated anywhere?
5. Provide a short summary of your business and innovation.
6. Do you want to attach a flow chart diagram?
6. Do you want to attach a flow chart diagram?
Upload the flow chart diagram.
Upload the flow chart diagram.
7. Explain how your business proposal is innovative.
8. What is the proposed Financial Service Activity?Please refer to the GEN module
8. What is the proposed 
Financial Service
 Activity?

Please refer to the GEN module

9. Are you ready to start live testing?
9. Are you 
ready
 to start live testing?
10. Explain why you need to live test your innovation under the ITL framework.
If you have any questions about this application form or the ITL, please contact fintech@dfsa.ae.
All applications will be assessed against our eligibility criteria. If you are accepted into the cohort, we will start working with you on your Regulatory Test Plan. If you are not accepted into the cohort we will inform you of this decision and explain the reasons why.