Riyadh - Sharikat Mubasher: 24 Fintech, the premier fintech event in Saudi Arabia, played a pivotal role in strengthening the Saudi fintech ecosystem as participants agreed to join efforts to drive innovation and accelerate the growth of the fintech ecosystem, Khaled Al-Daher, Vice Governor for Supervision and Technology at Saudi Central Bank (SAMA), stated.

In his closing speech, Al-Daher said that 24 Fintech offered valuable insights on the dynamic fintech ecosystem and its growth in the Kingdom as well as the broader trends in the world.

He affirmed that all players in the fintech ecosystem must adapt to all changes to retain a robust, reliable, and stable financial system.

Further, Al-Daher highlighted the importance of capability building and skills development in the fintech sector, emphasizing the positive feedback on the regulatory framework and the necessity for alignment among government bodies.

Co-organized by Fintech Saudi and Tahaluf, 24 Fintech gathered global thought leaders across finance, policy, technology, investment, and academia to discuss several topics, including, fintech regulation and governance, artificial intelligence and machine learning in financial operations, financial inclusion, cybersecurity and big data, embedded finance, and more.

In her closing speech, Annabelle Mander, Senior Vice President of Tahaluf, noted that 24 Fintech offered significant investment opportunities for over 500 global investors.

She pointed out that the event welcomed more than 350 speakers and over 10,000 visitors from around the world.

24 Fintech took place in Riyadh from 3 to 5 September, bringing together regulatory bodies, policymakers, investors, technology experts, and industry leaders