FinTech Oasis — A Comprehensive Overview Of The UAE’s Trends, Players & Challenges

Aquick look into the MENA region’s startup ecosystem will highlight two things: <ol> <li>The UAE’s significant lead in terms of activity, and</li> <li>FinTech’s undeniable position as the most vibrant sector.</li> </ol> The UAE is currently home to over 40% of the MENA region’s scale ups (defined as startups that raised more than $1Million). Over the past decade, the amount of funds raised by UAE scale-ups represented an impressive 65% of the cumulative total in the MENA region. Since 2021, FinTech as a sector has accounted for 40% — 43% of the UAE’s funding. Why and how did this happen? What are the key drivers & who are the key players behind this growth? Will this trend continue & what challenges may be ahead? The purpose of this article is to answer all these questions, and to provide a complete but accessible overview of the UAE’s FinTech ecosystem. <a href="https://medium.com/included-vc/%EF%B8%8F-fintech-oasis-a-comprehensive-overview-of-the-uaes-trends-players-and-challenges-791177f2087">Visit Now</a>