Tag "Fintech Startups"

Fintech Development in Algeria Lags Behind MENA Counterparts

Despite strong mobile phone penetration and high mobile broadband connectivity, fintech development in Algeria is still underwhelming compared to other nations in the Middle East and North Africa (MENA) region, experts say. According to World Bank experts, only 16% of

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Morocco Emerges as Third Largest Fintech Hub in the Arab World

Morocco is the third largest fintech hub in the Arab world, hosting 13% of all 400 active fintech solutions, or about 40 fintech solutions, according to a research by financial inclusion think tank Consultative Group to Assist the Poor (CGAP).

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Tanzania’s Nascent Fintech Sector is Poised for Growth

In Tanzania, the fintech sector is still nascent with less than 50 companies, among which 68% in their early stages and 20% still at the pre-startup stage and not fully launched yet, a research found. An assessment of the Tanzanian

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7 Fintech Startups in UAE to Watch in 2021

The United Arab Emirates (UAE) is the largest fintech hub for startups in the Middle East and North Africa (MENA), housing about 50% of the region’s fintech companies. In the UAE, two leading financial free zones, Abu Dhabi Global Market

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Lebanon’s Fintech Startup Ecosystem: An Overview

Lebanon is one of the Middle East and North Africa (MENA) region’s largest fintech markets, accounting for 9% of all fintech startups in MENA and representing its third largest fintech ecosystems after the United Arab Emirates (UAE) and Egypt, according

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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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Top 9 Fintech Startups and Companies in Pakistan That Deserves Your Attention

Although the Pakistani government has managed to bring 21% of the adult population in the financial ambit in the past decade, fintech companies promise to significantly accelerate financial inclusion in the years to come. According to Rehan Akhtar, director of

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Only 14 Fintechs Made the Cut to World Economic Forum’s Top 100 Arab Startups List

Entrepreneurship is booming across the Middle East and North Africa (MENA) with startups in the region raising an astonishing US$900 million through 386 deals in 2018, an increase of 31% compared to the previous year. This is according to the

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Top 12 Fintech Startups in Israel to Keep an Eye On

Israel has long been the Middle East’s most prominent startup hub with the area around Tel Aviv having earned the nickname “Silicon Wadi” for its high concentration of high-tech companies. One industry in particular that has gained much traction in

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