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April 15, 2024

Future of FinTech in the Kingdom of Saudi Arabia

A Comprehensive Overview of FinTech in the Kingdom of Saudi Arabia: The Kingdom of Saudi Arabia has witnessed a rapid growth in financial technology, commonly known as FinTech. FinTech has revolutionized the traditional financial sector by leveraging technology to provide innovative financial services. We will explore the impacts of FinTech on the economy in Saudi Arabia, highlighting the benefits and challenges it brings to the ever-changing dynamics of Saudi Arabia and government driven regulations and investments in technology. Additionally, we will explore the noteworthy changes with the inception of Vision 2030 fostering the growth of the FinTech industry. FinTech Impact on Financial Sector: The Saudi Arabian economy has been positively impacted by the inclusion of FinTech. The adoption of FinTech

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