National Fintech Strategy Aims at Growth

The launch of the National Fintech Strategy in the Sultanate of Oman contributes to building an innovative and sustainable digital financial ecosystem that keeps pace with the global shift in the financial services industry. The strategy aims to regulate and enhance the fintech sector by improving the regulatory environment, developing digital infrastructure, attracting investments, and cultivating local expertise. The sector has witnessed notable growth, with the number of fintech companies increasing by 61.5%, from 26 to 42 companies in 2025. Digital payment transactions valued at 3.2 billion Omani rials grew by 76.3%, and the value of point-of-sale transactions exceeded 7.5 billion Omani rials, an increase of 33.2%. The strategy focuses on supporting the innovation of payment and money transfer solutions, facilitating market entry for companies, and enabling further economic expansion, all aimed at diversifying the economy and strengthening Oman’s position in global innovation indices.