Fintech Insider Podcast by 11:FS

1008. Insights: How to launch in the Middle East (Rewind)

Oct 23, 2025
Gaia Lamperti, a Bloomberg producer with deep fintech insights, joins Ziad Mabsout, CEO of Vennre, and Remo Abbondandolo from Checkout.com to discuss the thriving fintech landscape in the Middle East. They explore the unique market opportunities, emphasizing the underbanked youth demographic and the role of supportive regulations. The trio shares their strategies for choosing the best regional hubs and highlights the importance of cultural understanding and relationship-building in navigating this vibrant market.
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INSIGHT

MENA Fintech Growth Is Significant

  • MENA fintech is growing fast and should top $2.4bn by 2029 according to PwC projections.
  • Low digital banking penetration (17%) creates a large addressable market for fintechs.
INSIGHT

UAE And Saudi Drive Regional Momentum

  • UAE and Saudi Arabia are primary growth engines, with UAE more advanced in fintech adoption and Saudi scaling quickly.
  • Digital payment volumes spiked since 2020 and consumer online shopping behavior rose dramatically.
INSIGHT

Youth And Expat Mix Fuel Demand

  • The region's youth bulge (about 140 million under 25) accelerates digital adoption and demand for products like BNPL.
  • Diverse expat populations create complex cross-border money and business needs fintechs can target.
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