An ultimate guide to fintech in the Kingdom of Saudi Arabia

United Arab Emirates

With a young, digitally savvy population, in a region known for its penchant for luxury shopping, Saudi Arabia has seen explosive growth in the eCommerce space.

e-commerce Penetration

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Saudi Arabia&#39;s e-commerce users by age

e-commerce users by age

Currently the Saudi eCommerce market stands at $6.6 billion USD, and by the end of 2024, it is expected to reach $8 billion USD. This is foundational for the growth of fintechs in the region, especially as digital payments is the largest segment of fintech that is pushing the industry forward.

e-commerce Penetration

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