Government Initiatives and availability of modern technologies. Fintech Market in KSA has various players. Total number of Fintechs in KSA is 147. Key Market Findings: The demographics outlook of KSA is changing with young generation being more tech-savvy and embracing innovation in the services. A strong indicator of gro ....
The GTV of KSA Fintech Market is expected to grow with a CAGR of 17.8% from 2022P-2027F driven by Government Initiatives, Technology Adoption. The industry is moving towards digital advancement and technologies such as AI and ML to improve capabilities. Government regulations and initiatives are being introduced in the region t ....
A strong indicator of growth in the fintech market is, growth in certain industry verticals like payments and currency exchange driven by an increase in digital payments in KSA and lending and finance owing to high requirement of funds in market both for personal and business use. Covid Led Growth : The accelerated digitalization as a resu ....
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