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Saudi Fintech Sector Surpasses Growth Targets; Ecosystem Rises 21% and Workforce Expands 64%

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Saudi Arabia’s fintech sector is maintaining its growth momentum, marked by an expanding startup ecosystem, a rising talent pool, and continued strong capital inflows, according to Fintech Saudi’s annual fintech report. Released last week and produced with the support of the Saudi Central Bank (SAMA), the Capital Market Authority (CMA), and the Insurance Authority (IA), […]

The post Saudi Fintech Sector Surpasses Growth Targets; Ecosystem Rises 21% and Workforce Expands 64% appeared first on Fintechnews Middle East.

UAE and Saudi Arabia Lead MENA VC Increase; Fintech Remains Top Focus

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Venture capital (VC) investment in the Middle East and North Africa (MENA) continues to rebound this year, driven by a rise in smaller funding rounds, strong investor focus on Saudi Arabia and the United Arab Emirates (UAE), and sustained support for fintech. According to new data from Magnitt, a financial data platform focused on emerging […]

The post UAE and Saudi Arabia Lead MENA VC Increase; Fintech Remains Top Focus appeared first on Fintechnews Middle East.

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