Tag "fintech ecosystem"

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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Fintech Innovation: Why The Middle East Will Be The Place To Be In 2018

The Middle East’s fintech ecosystem grew significantly in 2017 and further development is expected in the coming years fueled by government support and increasing demand for accessible, cheap, tech-enabled financial solutions. Fintech startups have raised over US$100 million in the

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Turkish Fintech Sector Sees Strong Growth

The Turkish fintech ecosystem has shown strong growth with the support of a solid banking industry, a thriving startup scene, and a growing young population. In particular, Istanbul, the most populous city in Turkey and the country’s economic, cultural and

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