The Most Promising Fintechs in Middle East

The fintech industry in the Middle East has been growing rapidly in recent years, driven by the increasing use of digital technologies and the growing demand for financial services. This region is evolving quickly and has the potential for significant growth in the fintech market.

In 2022, there was a decrease in both FinTech investment and deal activity in the Middle East. The region's FinTech investment dropped to $1.37 billion, which is 3.6% less than the previous year. Additionally, Middle Eastern FinTech companies raised 169 deals in 2022, a slight decline of 1.8% from the levels seen in 2021.