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Why Dubai is a booming hotspot for fintech startups

15/02/2022

The Middle East and North Africa (MENA) is becoming a leading destination for fast-growing tech startups. In 2020, the region reached a record $1 billion in startup investments, signaling a voracious investor appetite in the technology sector. The maturing digital economy coupled with region-wide innovation...
The Middle East and North Africa (MENA) is becoming a leading destination for fast-growing tech startups. In 2020, the reached a record $1 billion in investments, signaling a voracious investor appetite in the technology sector. The maturing digital economy coupled with region-wide innovation initiatives make MENA an attractive place to launch or scale a for an increasing number of global entrepreneurs. Heavy hitters like Microsoft, Google, and Amazon are also investing in the region, and recent are trending towards later-stage deals, indicating that the land is ripe for opportunity. For fintechs in particular, Dubai has become…This story continues at The Next WebOr just read more coverage about: Fintech
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