Fintech companies in MENA have continued their growth trajectory over the last year, with 119 fintech startups raising $700 million in 2024, according to Wamda. This significant investment accounted for 30% of the total funding for MENA startups during the year, underscoring strong investor interest in the thriving sector.
Payment solutions and buy-now, pay-later services remained the hottest space, with Saudi-based shopping and financial services app, Tabby, snatching $160 million in a Series E funding round in February 2025. This boosted its valuation to $3.3 billion, making it the region’s most valuable fintech startup, and bagging it the top…
