_1777294237270_124456903.png&w=64&q=75){kind=small}
Saudi Fintech Investments Top 30B Riyals
The Governor of the Saudi Central Bank (SAMA), Ayman Al Saiari, confirmed that the financial technology sector in Saudi Arabia is experiencing exceptional growth. The number of fintech companies reached 371 by the end of August, with cumulative investments in the sector exceeding 30 billion riyals by mid-2026. Digital payments also saw a significant rise, accounting for 85% of all payment transactions in the local market by the end of 2025, while funding and investment in the sector continue to grow. Al Saiari emphasized the importance of economic stability in Saudi Arabia amidst global challenges and reaffirmed the Central Bank’s commitment to fostering innovation and entrepreneurship while maintaining financial stability.
Notice: This Is an AI-Generated Summary
Comments (0)