Fintech in the Middle East is no longer emerging - it is scaling. Strong capital inflows, rising consolidation, and regulatory tailwinds are accelerating growth across payments, wallets, lending, and digital banking.
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Key Highlights:
- Fintech funding has accelerated and a new cohort of regional champions is scaling on the back of strong investor appetite
- Digital wallets are scaling across the Middle East, driven by digital commerce, changing consumer preferences, and new entrants
- Real-time payments are emerging at pace, with open banking regulations set to unlock A2A innovation in the region
- Remittance remains a defining corridor, with several digital native players now competing for share
- Neobanks are fast emerging, often as off-shoots of traditional banks to win into consumers and SMEs
Please do not hesitate to contact Anupam Majumdar at Anupam@FlagshipAP.com or Pranav Kapoor at Pranav@FlagshipAP.com with comments or questions.