Tag "fintech ecosystem"
How is Lebanon’s Fintech Scene Doing?
Lebanon’s fintech industry has been growing rapidly in the past years, fueled by a supportive ecosystem, a wide range of public and private initiatives aimed at developing the sector, and a tech-savvy population. Lebanon is the Middle East and North
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Examining Jordan’s Emerging Fintech Scene
Fintech in the Middle East and North African (MENA) region is booming with the number of startups in the field more than doubling between 2013 and 2015 from 46 to 105 ventures. Growth is expected to accelerate over the next
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A Glimpse into Fintech in Saudi Arabia
Experts are optimistic about the outlook for fintech development in Saudi Arabia, which they claim will be driven by the tech-savvy, young population, and favorable government initiatives and support. Islam Al Bayaa, head of advisory at KPMG Al Fozan &
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Fintech In MENA: All You Need To Know
The startup economy in the Middle East and North African (MENA) region continues to grow this year. In the first six months of 2018, it registered a record number of transactions with 141 investments, a 12% increase over the corresponding period. One
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10 Fintech Startups in Turkey to Watch Closely
Fintech is growing rapidly in Turkey. Investment in Turkish fintech companies grew 175% from US$4.6 million in 2012 to US$29 million in 2016, and the overall Turkish fintech industry, which counts more than 200 companies, according to the Fintech Ecosystem in
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Fintech to Solve Financial Exclusion in Egypt
In Egypt, fintech is set to play a key role in providing basic financial services to the large pool of unbanked people, according to experts and industry observers. Egypt is the most populous nation in the Middle East and North
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Israel Quickly Becoming a Leading Fintech Hub
From its origin as a 90-startup, US$13 million capital sector, the Israeli fintech industry has grown to include approximately 500 fintech startups, collectively raising an estimated total of US$500-650 million to date. According to a report by Deloitte, Israel is quickly becoming
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Bahrain Witnesses Key Fintech Developments
Over the past year, Bahrain’s fintech ecosystem has witnessed several key developments including the launch of the Central Bank of Bahrain (CBB) dedicated Fintech and Innovation Unit and regulatory sandbox, two initiatives that highlight the growing market demand and interest
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Bahrain Pushes for Fintech Innovation
Bahrain is looking to move the country’s economy away from oil, leveraging its financial hub credentials to attract fintech companies. In partnership with government ministries and other public sector agencies, the Economic Development Board (EDB) is pushing to develop a
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Fintech In Dubai: A Short Overview
An Overview about Fintech in Dubai. The United Arab Emirates (UAE), and in particular the city of Dubai, is poised to become a regional fintech hub as the country looks to take the lead in the digital race. Backed by government
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