LEAP 2024 Riyadh: FOCAL Elevates Regional AI

In the wake of LEAP conference 2024, the premier tech event that unfolded, we find ourselves amidst a rapidly evolving digital landscape, where shedding light on the realm of digital entrepreneurship remains as crucial as ever. As the global march towards digitization continues unabated, the intricate relationship between digital platforms and entrepreneurial processes has become increasingly paramount.

Throughout various industries, technology professionals have spearheaded revolutionary changes, with none more evident than in the fintech sector, where digital solutions are propelling unprecedented growth. Embracing these technological innovations not only unlocks previously unattainable goals but also offers infinite advantages in business digitalization.

LEAP Conference 2024 served as a beacon of technological innovation, showcasing a myriad of cutting-edge advancements across major sectors, notably in fintech. Of particular significance was Mozn's special participation, where it demonstrated its latest fintech solutions, providing valuable insights into how digital platforms empower entrepreneurial endeavors. This convergence of technology and entrepreneurship epitomizes the transformative power of digital solutions in today's dynamic business landscape.

What Is LEAP Tech Event?

LEAP tech event is a prominent tech-driven event. LEAP 2024 took place at the Riyadh Exhibition & Convention Center in Malham. It served as the premier tech event of the year, offering attendees a chance to connect with experts and gain insights into driving growth and efficiency in their organizations.

The event, which took place from March 4 to 7, 2024, has provided a platform for startups to pitch their solutions to both regional and international investors, aiming to secure recognition and funding for their innovative ideas. The event features various sectors, including the creative economy, health tech, fintech, edu-tech, retail, and smart cities, among others.

Why Do People Attend LEAP?

With over 172,000 regional and international tech professionals attending from 183 countries, LEAP 2024 facilitates networking, collaboration, and exposure. Attendees can explore the latest trends and innovations, participate in competitions, pitch business ideas, or book exhibition stands to showcase their solutions.

Additionally, LEAP 2024 hosted over 1,800 of the world's leading tech companies, providing opportunities for attendees to experience the latest technologies firsthand. With over 1,100 cross-industry experts and leading figures in technology, the event offered cutting-edge content through its summit, featuring world-class speakers discussing the transformative power of technology.

What sets LEAP apart are its numerous benefits for tech professionals. Every year, the event acts as the premier meeting point for individuals in the tech industry, attracting attendees from over 180 countries. This diverse gathering provides an excellent platform to showcase businesses to a global audience.

Why Is Entrepreneurship Important In The Fintech Industry?

Entrepreneurship plays a crucial role in the fintech industry for several reasons:

• Firstly, it fosters innovation by encouraging individuals to develop new solutions to financial challenges. Entrepreneurs bring fresh perspectives and ideas to the table, driving the industry forward with their creativity and ingenuity.

• Secondly, entrepreneurship drives competition, which ultimately benefits consumers. As new fintech startups enter the market, existing companies are compelled to improve their offerings and customer experiences to remain competitive. This leads to greater choice and better services for consumers.

• Additionally, entrepreneurship in fintech has the potential to increase financial inclusion by reaching underserved populations. Entrepreneurs often target niche markets or develop products specifically designed to address the needs of unbanked or underbanked individuals, helping to bridge the gap between traditional banking services and those who have limited access.

• Furthermore, entrepreneurship stimulates economic growth by creating jobs and driving investment. As fintech startups grow and expand, they require talent and resources, leading to job creation and attracting investment from venture capitalists, angel investors, and other sources.

Highlights From LEAP 2024

Mozn Partners with Google Cloud, Expands Global Reach of FOCAL Platform

• Mozn, the leading enterprise AI technology provider in the region, solidifies its global brand status by collaborating with Google Cloud, making its flagship platform, FOCAL, accessible worldwide through the Google Cloud Marketplace. Announced at LEAP 2024, Saudi Arabia's prestigious technology conference, this partnership underscores Mozn's mission to advance digital humanity through artificial intelligence on an international scale.

• Dr. Mohammed Alhussien, Mozn's CEO and Founder, emphasized the significance of this collaboration, stating that it signifies a major stride for AI technology in the region. The move allows organizations globally to leverage FOCAL's cutting-edge capabilities in fraud prevention and compliance.

• Dai Vu, Managing Director at Google Cloud, highlighted the benefits for customers, enabling them to deploy, manage, and grow FOCAL on Google Cloud's trusted infrastructure. Recognized globally for its excellence, FOCAL was named one of the top 25 worldwide FinTech products in the "Digital Business Solutions" category by Statista and CNBC.

• As Mozn prepares to introduce its leading Arabic generative AI platform, OSOS, to the Google Cloud Marketplace, the company remains committed to advancing the boundaries of AI innovation. Positioned as a frontrunner in technological transformation, Mozn continues to reinforce its role as a pioneering AI innovator in the region, driving progress for digital humanity.

Final Thought

LEAP 2024 is a must-attend global tech event, offering a compelling opportunity for individuals keen on remaining at the forefront of technological advancements and exploring avenues for growth and innovation. Leap Tech conference serves as a hub for connecting with like-minded peers, fostering lasting relationships, and gaining invaluable insights into the latest trends and developments shaping the technology landscape relevant to diverse industries. Moreover, the LEAP Saudi Arabia serves as a platform for delving into investment and business prospects within the Kingdom.

Mozn remains steadfast in its commitment to delivering top-notch services, continually innovating to introduce new solutions that enhance efficiency, profitability, and customer-centricity for businesses, particularly in the Financial industry. Mozn's active participation in this year’s LEAP Riyadh underscores its dedication to advancing technology within the region's restaurants and beyond, amplifying its contributions to industry growth.

If you want to learn how the latest updates in financial technology, including AML Compliance and Fraud Prevention solutions, can help your business, be sure to book a free one-on-one meeting with our expert.