Middle East fintech funding experiences 650% spike in 2020-2023
Financial technology funding across the Middle East and North Africa saw a 650% increase between 2020 and 2023, even amid a global economic downturn driven by the coronavirus pandemic, according to a report released Monday. The industry raised $186 million across 50 deals in the first half of 2024, representing an almost flat 3% year-on-year…
