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Middle East

Saudi fintech sector grows to 371 companies as digital payments expand

Source: Arab News
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Saudi fintech sector grows to 371 companies as digital payments expand
Image: Arab News

RIYADH: Saudi Arabia’s fintech sector grew to 371 companies as of August, the Saudi Central Bank Governor has revealed, as the Kingdom pushes ahead with its digital payments and financial technology agenda. The latest figure, announced by Ayman Al-Sayari at Money20/20 Middle East in Riyadh, represents a 23 percent increase from the 301 companies reported by Fintech Saudi in May. This underscores the rapid expansion of the Kingdom’s fintech ecosystem across payments, insurance tech, digital ba

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