Published date : 11 September 2023

Growth Targets for Fintech Companies Operating in Saudi Arabia to 2030 against actuals

Saudi Arabia is working hard to attract local, regional and global fintech's to set-up shop in Saudi Arabia. By 2030, Saudi has set a target to be home to 525 fintechs, which the country expects to directly create 18,198 jobs, and attract over 12 billion SAR in cumulative Venture Capital investments. Ultimately, the Kingdom believes that the fintech industry will help generate over 13 billion SAR of GDP for the country.

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