By Lucidity Insights Research Team • January 08, 2023
By 2025, the Asia Pacific region is expected to own more than half of the total global payments revenue, amounting to $1.3 Trillion USD
This means that there will be more payments revenue in Asia Pacific than in North America + Europe + Middle East + Africa and Latin America combined. Asia Pacific is expected to continue growing global payments revenue at the fastest rate of 8% CAGR to 2025.
%2Fuploads%2Fmena-fintech%2Fmena-fintech-cover.jpg&w=3840&q=75)
Shaping the Future of Fintech in MENA: Key Trends & Market Insights
The MENA region is emerging as one of the world’s most dynamic fintech frontiers. This Lucidity Insights report explores 19 MENA markets, spotlighting fintech hotbeds like Egypt, the UAE, and Israel. It provides deep analysis of market readiness, smartphone and internet penetration, and investment trends. With fintech unicorns rising and massive unbanked populations ripe for digital transformation, the report highlights opportunities across digital banking, BNPL, payments, and remittances. A must-read for fintech investors, entrepreneurs, and policy makers eyeing exponential growth in the Middle East and North Africa.
Other Videos
%2Fuploads%2Fvideos%2Fmenapt-top-5%2FMENAPT_funding_April2024.jpg&w=3840&q=75)
April 2024 sees MENAPT VC funding soar to $2.1B with mega investments in AI and Web3. Discover top deals from G42, DOP, Hailo, MagnusMetal, and Midas. Watch the video for insights!
%2Fuploads%2Fmena-fintech%2Fvideos%2Fvid50.jpg&w=3840&q=75)
UAE and Oman have the highest internet and smartphone penetration rates of over 90%
%2Fuploads%2Fmena-fintech%2Fvideos%2Fvid4.jpg&w=3840&q=75)
The UAE is home to the largest cluster of fintechs and is the first destination for prominent global fintechs to establish themselves in the Arab world.
