ADIO partners with Alpheya to advance AI wealthtech
New deal aims to reshape digital finance and boost Emirati talent
#UAE #Fintech – Abu Dhabi Investment Office (ADIO) has partnered with Alpheya, an AI-driven wealthtech platform backed by BNY and Lunate, to strengthen Abu Dhabi’s digital wealth management capabilities. The agreement supports the emirate’s strategy to become a leading hub for AI-led financial services, with Alpheya committing to capital investments, intellectual property development, and Emirati talent programmes, starting with a new office in Al Ain Region.
SO WHAT? – This partnership reinforces Abu Dhabi’s ambition to lead in AI-powered financial services while growing its local knowledge economy. As wealthtech becomes a defining force in global finance, this move ensures that Emirati institutions and talent are shaping—not just using—the next generation of digital finance platforms.
Key Points Summary:
Abu Dhabi Investment Office (ADIO) and AI-driven wealthtech platform Alpheya have signed a strategic partnership to advance AI-led wealth management innovation in Abu Dhabi.
Alpheya, backed by BNY and Lunate, delivers AI-powered, cloud-native platforms for banks, asset managers, and wealth advisors.
The firm will open a new office in Al Ain Region, part of a multi-year growth and investment plan.
Alpheya will register new IP in Abu Dhabi and support foreign financial institutions entering the UAE market.
ADIO’s support includes business facilitation and infrastructure, enabling faster scaling of high-tech services.
A key focus is Emirati talent development, with internship programmes, financial literacy efforts, and international exposure tracks.
The partnership supports Abu Dhabi’s goal of becoming a regional financial innovation leader under its economic diversification agenda.
Alpheya was founded in 2023 and provides a full-stack wealthtech solution tailored for the MENA market.
The deal also reflects ADIO’s mission to back sectors that promote value-added services and future-ready industries.
ZOOM OUT – Abu Dhabi is positioning itself as a global capital for AI-powered financial innovation, with targeted investments in wealthtech, fintech, and digital infrastructure. The emirate has also been preparing regulatory environments to support AI-powered financial management and financial services regulation. For example in 2022, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) launched an initiative to foster the development of intelligent regulatory technology (RegTech) tools and help financial AI systems achieve regulatory context, thereby unlock more potential of AI in the financial services and FS regulation.
[Written and edited with the assistance of AI]