Fintech is one of the hottest industries in the Middle East and North Africa (MENA). Since 2015, a total of US$237 million has been invested in MENA’s fintech startups through 181 deals, representing 7% of the total MENA startup funding between 2015 and 2019.
Over the last couple of years, the United Arab Emirates (UAE) has emerged as the region’s fintech leader, being home to 46% of all 310 fintech startups in MENA, and accounting for 47% of all deals and 69% of total funding in 2019.
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