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Fintech Surges in MENA Though Talent and Capital Gaps Persist
The Middle East and North Africa (MENA) region is experiencing significant growth in its fintech sector, with several cities located in Gulf Cooperation Council (GCC) nations in particular emerging as globally recognized fintech hubs. But in order to sustain this
Read MoreTop 17 Fintech Events to Attend in MENA in H1 2024
The Middle East and North Africa (MENA) region, characterized by a young and tech-savvy population, high Internet penetration rates and economic growth, has witnessed a robust growth of its fintech industry in recent years, with funding increasing by approximately 36%
Read MoreFintech Funding in Jordan Accelerates
In Jordan, fintech is emerging as one of the top investment targets for investors, attracting US$26 million in funding between 2018 and 2022 or 10% of all startup investments during the period, a new report by Magnitt, a data platform
Read More25 Upcoming Fintech Events in Middle East Q4 2023/ Q1 2024
Fintech is growing rapidly in the Middle East, driven by a dynamic fundraising landscape, favorable demographic factors and supportive governments betting on technology and digital platforms to improve financial access. An estimated 3,000 fintech solutions are currently operating across the Middle
Read MoreTop 17 Fintech Events Taking Place in H2 2023 in the Middle East
The Middle East has emerged as a dynamic hub for fintech innovation, driven by regional economic strategies that prioritize digital transformation, financial inclusion, and diversification from oil-dependent revenue streams. The industry is accelerating rapidly, fueled by an influx of capital,
Read MoreEgypt Fintech Startup Ecosystem Expands Fivefold
Between 2017 and 2022, the number of fintech companies in Egypt increased by 5.5 times, soaring from a mere 32 players five years ago to now 177. This rapidly expanding ecosystem is arising on the back of soaring demand for
Read MoreMajor Trends Driving Transformation in the Middle East’s Digital Payment Landscape
In the Middle East, the digital payment landscape is changing at a rapid pace, shaped by the advent of instant payments, booming adoption of new payment methods and the rise of online retail, a new whitepaper produced by Euromonitor International
Read More2023’s Top 10 Fintech Companies in the Middle East
Fintech has grown steadily in the Middle East over the past few years, owing to government support, fintech-friendly regulations and favorable demographics characterized by a large population of young, tech-savvy and underbanked people. A dynamic funding landscape has also been
Read MoreQatar National Fintech Strategy Seeks to Triple Number of Licensed Fintechs by 2027
Launched on 7. March by the country’s central bank, the Qatar Fintech Strategy 2023 is looking to turn the nation into a technologically advanced state and a fintech powerhouse, with the broader ambition of boosting economic growth and making Qatar
Read More23 Fintech Events in the Middle East to Attend in 2023
The fintech industry in the Middle East and North Africa (MENA) region has grown considerably over the past couple of years, driven by supportive government initiatives, a demographic which offers huge opportunities and booming venture capital (VC) funding activity. Amid
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