In every fintech vertical assessed, fintechs have raised more capital in the first half of 2021 than they had in 2020 in total. In many cases, Q3 YTD fundraising values more than double the total amount fundraised for some verticals in 2020. The following chart showcases the leaps made by fintech verticals. Digital Payments and Digital Banking lead the way in fundraising, with $23.4 billion USD and $20.4 billion USD raised respectively.
Shaping The Future of Fintech
In this report, we take a look at the attractiveness of each of the 19 MENA countries in terms of fintech and identify the top 5 hot spots for fintech activity in the region today.