12/16/2023 In global city regions: growth is spurred by investment in the primary sector of the economyRead NowThe results demonstrated that Qatar is well-positioned particularly where access to capital and focus on innovation is concerned. The report used a benchmarking methodology against leading FinTech hubs. The host of the world’s biggest football event set for 2022, Qatar is also considered a gateway to a nearby $2.1 trillion market, a strategic geographic and economic competitive edge but according to the report, the country’s FinTech capabilities go beyond that.Īvailable for download via their website (fintech.qa), QFTH has worked with leading research partners to conduct the groundwork for the Whitepaper. The report highlights factors, such as focus on innovation and access to capital, that bring Qatar to the forefront of attractive hubs for FinTechs worldwide, which makes it an important reference document for global stakeholders, entrepreneurs, innovators, and investors. Titled “From Qatar to the World: A report on the state of FinTech in Qatar”, the recently launched Whitepaper by Qatar FinTech Hub, draws a comprehensive picture of the local FinTech market, benchmarking it against other regional and global hubs. Prime markets for FinTech in the Middle EastĬonsidered an unsaturated market, the Middle East has become in recent years an attractive destination for FinTechs due to its large unbanked or underbanked young population, high cash usage, and recent regulatory developments that promote FinTech growth.Īmong GCC countries, Qatar has emerged as a new destination for FinTech driven by several growth elements, chief among them: regulatory reform, access to capital, talent, advanced technological infrastructure, and untapped opportunities.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |