Abdullah Faisal Alothman

Investment in Middle Eastern fintech companies is expected to grow to around US$2 billion in venture capital by 2022, which will fund 465 fintech companies, an increase from $80 million that was raised by 30 fintech companies in 2017.

Improving financial inclusion for SMEs could boost annual economic growth by 1% per year, and also lead to a potential 16 million jobs by 2025 in the Middle East and Central Asia regions.