By Lucidity Insights Research Team • February 05, 2025
Over the last decade, the integration of finance and technology has transformed our interaction with money, giving rise to fintech startups worldwide. Global fintech VC investment peaked in 2021 at $137.7 billion. Leading fintech companies like PayPal, Stripe, Revolut, and Binance are reshaping traditional banking and payment systems. In the Middle East, fintech unicorns such as Tabby, Papara, MNT-Halan, and Tamara are emerging. With around 2,000 fintech startups and $4.2 billion in funding in 2023, the region continues to attract investors. Discover the potential of fintech, driven by AI and blockchain, in Lucidity Insights' special report, "The State of Fintech in the Middle East.
The State of Fintech in the Middle East
With 1,500+ fintechs, $4.2B in 2023 funding, 7 IPOs, 30+ M&A exits, and the rise of unicorns and superapps, the Middle East’s fintech sector is transforming into a global powerhouse. Discover the key players, emerging trends, and market forces shaping the future of finance in MENAT.