Forbes selects 11 Saudi firms among Fintech 50 list

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NOHA.GAD
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Apr 7, 2024
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Riyadh - Sharikat Mubasher: Forbes Middle East unveiled the Fintech 50 list for 2024 which recognizes the region’s top players revolutionizing the fintech landscape, with Saudi Arabia’s Tabby, PayTabs Group, Tamara, and Foodics among the top 10 fintech firms in the Middle East.

The Fintech 50 list selected 11 fintech firms from Saudi Arabia, including HyperPay, Hala, Rasan, Lean Technologies, Lendo, Arabian Lamaa for Digital Aggregation (LAMAA), and Tameed.

Similarly, the list featured 11 fintech firms from the UAE, following Egypt which stood as the most represented country with 13 entries. Together, the three countries represented around 70% of the ranking.

The list spanned digital payment companies and open banking platforms, as well as investment, saving, and lending applications.

It is worth noting that payment companies dominated the list with 26 entries.


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