Setting up in the UAE: Assessment Questions for Fintechs

R Philip • June 11, 2025

Assessment Questions to Understand the Fintech’s Business Model and Needs



We recently consulted for a Fintech from an European market that was planning to setup operations here in the UAE. These were the questions we asked to guide them in their setup decision. 


1. Business Model and Services


  • What specific payment services do you plan to offer in the UAE? (e.g., payment account issuance, payment instrument issuance, merchant acquiring, payment aggregation, domestic/cross-border fund transfers, payment token services, or payment initiation/account information services)
  • Will your services involve issuing stored value (e.g., digital wallets) or handling high transaction volumes (≥ AED 10M monthly)?
  • Are you targeting B2B, B2C, or both? Who are your primary customers (e.g., merchants, individuals, other fintechs)?
  • Will you operate solely within the UAE or also serve international markets? If international, which regions are prioritized?
  • Do you have existing technology or platforms, or will you develop new infrastructure in the UAE?


2. Financial and Operational Capacity


  • What is your estimated initial capital budget for setting up in the UAE, and what are your funding sources?
  • What is your projected monthly transaction volume for the first 1-2 years?
  • How many employees do you plan to hire locally, and what is the planned number of visa sponsorship for expatriate staff?
  • Do you have existing AML/CFT, IT security, or risk management frameworks, or will these need to be developed?
  • Are you planning to lease physical office space, or do you prefer flexible options like serviced offices?


3. Ownership and Governance


  • Who are the shareholders, and what is the ownership structure (e.g., individual, corporate, mixed)?
  • Are you seeking 100% foreign ownership, or are you open to local sponsorship if required?
  • Do you have a preference for a specific legal entity type (e.g., LLC, Private Company etc.)?
  • What is your governance structure, including board composition and key management roles?


4. Regulatory and Compliance Experience


  • Presumably, you operate as a PSP or similar regulated entity in other jurisdictions? If so, under which other regulators?
  • Presumably, you are compliant with AML/CFT requirements or PCI DSS standards as relevant?
  • Do you have experience with technology risk management or cybersecurity compliance (e.g., penetration testing, Information Assurance Standards)?
  • Are you prepared for ongoing reporting obligations, such as quarterly transaction reports or annual audits?


5. Strategic Goals and Preferences


  • Why did you choose the UAE for your PSP setup (e.g., market access, tax benefits, fintech ecosystem)?
  • Do you have a preference for mainland UAE,  or financial freezones, or are you open to recommendations based on cost, regulation, or market access?
  • Are you interested in innovation programs, such as DIFC’s Innovation Testing License or ADGM’s fintech sandbox?
  • What is your timeline for obtaining a license and commencing operations?
  • Are you planning to collaborate with local banks, fintechs, or other partners in the UAE? What will be your go to market in this regard?


The answers to these questions will help shape up a Fintech's decision to setup shop here.


There are three jurisdictions to choose between: 1) Mainland UAE (regulated by UAE Central Bank) 2) DIFC (regulated by the DFSA)  3) ADGM (regulated by the FSRA).


We will cover the key differences in these jurisdictions in later post.



By R Philip March 18, 2026
The way your business gets discovered online is undergoing a massive transformation. For the past two decades, optimizing for traditional search engines was the goal, and Search Engine Optimization was enough to ensure your prospects found you. That era is evolving. Today, millions of buyers bypass conventional search entirely and instead ask conversational AI models like ChatGPT, Claude, and Gemini for recommendations. If a potential client asks ChatGPT, "Who is the best corporate consulting service in the UAE?" does your business appear in the answer? Most businesses do not. Traditional Search Engine Optimization focuses on ranking web pages through keywords and backlinks on a static results page. However, AI SEO, also known as Generative Engine Optimization or GEO, focuses on training and signaling to Large Language Models that your business is the most authoritative, trusted, and relevant answer to a user prompt. In this comprehensive guide, we will explore why standard optimization strategies are no longer sufficient, what Generative Engine Optimization entails, and how you can position your UAE based business to be the primary recommendation across all major AI platforms. The Shift From Traditional Search to Generative AI When users search for a service today, they are seeking direct answers rather than a list of ten blue links. This behavioral shift means platforms like Perplexity, ChatGPT, and Gemini are acting as the new front door to the internet. Generative AI tools do not just crawl your website; they synthesize information from various authoritative sources to construct a narrative response. If your digital presence is solely optimized for Google, you are missing out on the fastest growing segment of high intent buyers. These buyers use AI to compare services, read synthesized reviews, and make purchasing decisions without ever visiting a traditional review site. The models are learning from your content, your mentions across the web, and your perceived authority in your specific niche. Understanding Generative Engine Optimization Generative Engine Optimization is the practice of making your brand visible, credible, and recommended by AI platforms. It goes beyond inserting keywords into a blog post. It requires a holistic approach to your digital footprint so that models trust the information they pull about your company. When a model generates an answer, it assigns a confidence score to the entities it mentions. Your goal in AI SEO is to maximize that confidence score. The higher your perceived authority and relevance, the more frequently the AI will cite your business. It is a fundamental shift from optimizing for algorithms that index links to optimizing for models that comprehend context and relationships. Five Key Dimensions AI Models Use to Rank You Our proprietary framework analyzing Generative Engine Optimization reveals that AI models rely on five crucial dimensions to determine whether to cite your business over your competitors. These dimensions replace traditional ranking factors and require a new strategic approach. 1. Citation Authority and Frequency AI models look for consensus. If your business is mentioned frequently across highly trusted, authoritative domains, the model begins to associate your brand with industry leadership. It is not just about having a link; it is about the context surrounding your brand name in those mentions. Does the text describe your expertise accurately? Are you associated with the right topics? 2. Cross Platform Consistency The various AI models do not operate in a vacuum, but they do have different training sets. It is vital that all platforms align on who you are and what you do. If ChatGPT understands your services perfectly but Claude cannot verify your location, your overall AI Visibility Score drops. Ensuring your core business information is consistent, clear, and unambiguous across the web helps models cross verify your identity. 3. Perceived Category Leadership Models evaluate your leadership in your service category and specific geography. If you are operating in the UAE, the AI must explicitly link your category expertise with your location. This involves creating deep, comprehensive content that proves your thought leadership. When you publish detailed guides, original research, or comprehensive market analyses, AI models read this and categorize you as a primary source of truth for your industry. 4. Recommendation Reliability When an AI answers a category query, it prioritizes reliability. It wants to recommend businesses that have strong sentiment, positive reviews, and a track record of success. If a user asks for "the safest logistics provider in Dubai," the AI scans for sentiment indicating safety and reliability tied to your brand. Your ability to be recommended over competitors relies heavily on positive digital sentiment. 5. Query Coverage and Relevance How many relevant search queries surface your business across platforms? You need to maintain a broad yet highly relevant digital footprint. If you only talk about one narrow aspect of your service, the AI will only recommend you for that specific niche. Expanding your content strategy to cover all related topics, questions, and pain points your target audience has will increase your query coverage. Measuring Your AI Visibility Score Before you can improve your AI SEO, you need to know exactly where you stand. An AI Visibility Score is a composite metric benchmarked across ChatGPT, Claude, Gemini, and Perplexity. It provides a baseline of your current performance. Many businesses discover that while their traditional search traffic is stable, their AI Visibility Score is nearly zero. This indicates a massive gap and a critical vulnerability. Your competitors might already be investing in Generative Engine Optimization, establishing themselves as the default answer in these new ecosystems. By understanding your score, you can identify exactly which models are ignoring you and why. The Importance of a Competitor Gap Analysis You cannot win in AI SEO by operating in a silo. A side by side AI visibility comparison with your top competitors will show you exactly where they outrank you and why. Perhaps a competitor has been featured in several industry reports that AI models trust, or maybe they have structured their website content in a way that is easily digestible for large language models. By analyzing the gap, you can reverse engineer their success. It reveals the exact topics, formats, and citations you need to acquire to overtake them. This analysis removes the guesswork and allows you to build a data driven priority action plan. Building Your Priority Action Plan Once you understand your Baseline Score and your Competitor Gap, you can formulate a strategic roadmap. This plan should be tailored to your specific industry, location, and services in the UAE. First, focus on quick wins. This might include restructuring the content on your main service pages to be more explicit about your offerings and locations. Use clear, declarative statements that a model can easily parse as facts. Second, embark on a long term content and PR strategy. You need to build a web of high quality mentions and authoritative content that proves your category leadership. Share original insights, publish detailed case studies, and ensure your expertise is visible not just on your website, but on platforms that AI models scrape and trust. The Risk of Remaining Invisible The transition to AI driven search is not a future possibility; it is a present reality. Every day, business decisions in the UAE and beyond are being influenced by the answers provided by AI platforms. If your business is invisible to these tools, you are losing market share to competitors who are actively shaping their AI presence. Being absent means you are not even considered in the initial research phase. It does not matter how good your service is if the primary tool your prospect uses for research does not know you exist. Moving Forward with Generative Engine Optimization AI SEO changed the game. It requires a deeper, more sophisticated approach to digital marketing. It is no longer about tricking an algorithm with keyword density; it is about proving your true value, authority, and relevance to intelligent models that are designed to understand context. Start by finding out exactly where you stand. Run an audit, understand your GEO Readiness Score, and look at how the different models interpret your brand. Once you have that clarity, you can begin the work of optimizing for the future of search. The businesses that adapt to Generative Engine Optimization today will be the trusted, recommended leaders of tomorrow.  Do not wait for your competitors to establish an insurmountable lead. The time to optimize for AI is now.
By R Philip February 27, 2026
Company News: Futureu Strategy Group acted as Strategic & Transaction Advisor to Insurancehub.ae on its Advisory Support in Connection with a Strategic Divestment Transaction Services included: •⁠ ⁠Founder-level strategic advice •⁠ ⁠Transaction positioning •⁠ ⁠Counterparty discussions support •⁠ ⁠Deal execution advisory Transaction successfully completed.