Shaping The Future of Fintech

Saudi Arabia

Internet Penetration Rate by MENA Market (%) 
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Internet Penetration Rate by MENA Market (%)

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Data shows that Oman and the UAE boast smartphone penetration rates above 90% (among populations 21 years and older), and Jordan, Saudi Arabia, Kuwait and Israel have smartphone penetration rates above 80%. Smartphone penetration is especially critical, as more and more fintech applications spanning digital payments to insurtech are browsed and purchased on mobile devices around the world.

Smartphone Penetration Rate (%)

The mena region by population 
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Internet Penetration Rate by MENA Market (%)

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