24 Fintech
In The News

We are deeply impressed by the hard work and creativity showcased in the 24 Fintech Thought Leaders Competition. With over 200 excellent essay submissions, 15 exceptional individuals were selected for their insights on the following themes: 

• Re-Imagining Financial Services

• Global Interoperability

• Strategic Investment & Collaborative Partnerships

• Governance, Risk and Policy

Read the winning essays now!

As sustainable finance continues to gain traction globally, it is surging across the petrostates of the Middle East. Viewed as a critical driver of economic stability and environmental stewardship, sustainable finance is now a crucial pillar in many GCC states’ economic development agendas.

The turbo-charged rise of the fintech industry continues to spearhead transformation within the electronic payments sector, with a profusion of mobile wallets and payment systems offering staggered, interest-free settlements hitting the market.

In its efforts to create a future-ready diversified economy, Saudi Arabia is making a big play on the global fintech front. Its ambitious Vision 2030 has called for the establishment of at least 525 fintech companies, resulting in the creation of 18,000 fintech-related job opportunities, and an estimated contribution of SAR 13.3bn (USD 3.5bn) to the Kingdom’s GDP over the next six years.