Payfort and Wamda

With over 100 fintech startups launched in Arab countries to date, financial technology is arriving in a region where 86% of the adult population does not hold a bank account.

1: Who is behind these startups, what are they offering?

2: What does it mean for banks?

3: What is holding startups back?

This primer on fintech in MENA shows that already $100M has been invested in regional fintech startups. A significant shift from seed to follow-up funding indicates the region is set to enter the high growth trajectory in 2017… however, serious obstacles remain