FinTech deal activity in Saudi Arabia reached 25 deals in the first three quarters of 2022 increasing 19% compared to the same period in 2021.? Saudi Arabian FinTech deal activity is on track to reach 33 deals in 2022. Saudi Arabian FinTech investment reached $313m in the first nine months of 2022 and is on track to reach $417m based on this period.? This is in contrast to developed FinTech ecosystem which are experiencing a correction this year on the back of big rounds of investments recorded last year. Source: FinTech Global #donedeal #fintech #venturecapital #saudi #financialtechnology #fintechindustry #angelinvestors #fintechnews?
VP at Apis Partners
2 年Hisham Al-Falih ????