Key Fintech Startups Entrants in Saudi Arabia
16 June 2022•
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Fintech has seen a rapid advancement in Saudi Arabia, particularly in the last 5 years since the launch of the Saudi Vision 2030. The Saudi Fintech industry’s market size was valued at $20 billion USD in 2019, and is expected to reach $33 billion USD by 202318.
Though the pandemic posed many challenges to companies across sectors, there is some evidence of the pandemic accelerating the uptake of digital payments and other fintech products and services, potentially accelerating the adoption of fintech in the Kingdom.
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