Opinion: Why there is no top FinTech hub in MENA yet?

Author: AA

FinTech, as an industry and as a technological solution in this information age of ours, is in the process of taking the world by storm. This point has been made many times in the business press and beyond, so as to hammer home the fact that the rise of the fintech industry will set the tone for what is to come in the rest of the 21st century. It is needless to say that this transformation we are witnessing is not happening haphazardly, but is, rather, the result of concerted and coordinated efforts by public policymakers to build fintech ecosystems by digitizing existing traditional financial sectors, accelerating fintech adoption rates and encouraging further research and development in the field.

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