Which countries are hotbeds for Fintech Startups in the Arab world?
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.
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UAE and Oman have the highest internet and smartphone penetration rates of over 90%
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This means that there will be more payments revenue in Asia Pacific than in North America + Europe + Middle East + Africa and Latin America combined.
