How big is the MENA Fintech Market?

The MENA Fintech Market size is expected to reach USD 1.51 billion in 2024 and grow at a CAGR of 9.71% to reach USD 2.40 billion by 2029. Read More

What is the current MENA Fintech Market size?

In 2024, the MENA Fintech Market size is expected to reach USD 1.51 billion. Read More

Who are the key players in MENA Fintech Market?

Tamara, Liv., Pepper, PayTabs and Tabby are the major companies operating in the MENA Fintech Market. Read More

What years does this MENA Fintech Market cover, and what was the market size in 2023?

In 2023, the MENA Fintech Market size was estimated at USD 1.36 billion. The report covers the MENA Fintech Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the MENA Fintech Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

MENA Fintech Market - Share, Size & Industry Growth

MENA Fintech Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The MENA Fintech Market Report is Segmented by Service Proposition (Money Transfer and Payments, Savings and Investments, Digital Lending and Lending Marketplaces, Online Insurance and Insurance Marketplaces, and Others) and by Country (The United Arab Emirates, Saudi Arabia, Bahrain, Qatar, Iran, Egypt, Israel, and the Rest of Mena). The Market Sizes and Forecasts for the MENA Fintech Market are Provided in Terms of Value in USD for all the Above Segments.

MENA Fintech Industry Overview

The MENA fintech market is moderately fragmented. Companies from all over the world are investing heavily in this segment. In the MENA market, there are many fintech companies with smaller market shares. The adoption of fintech platforms and the need to upgrade to new technology increases the competition among companies. Due to the pandemic and the rise of cities, people started to accept new methods of payment and contactless gateways. Innovation and technological progress accelerated. Some of the major players dominating the market include Tamara, Liv., Pepper, PayTabs, Tabby, and Sarwa.