UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%

Global investment in fintech sank to $51.2 billion in 2023, down 48% from 2022, data from Innovate Finance shows. Despite that, UAE fintech funding soared 92%.

Jan 10, 2024 - 14:45
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UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
Global investment in fintech sank to $51.2 billion in 2023, down 48% from 2022, data from Innovate Finance shows. Despite that, UAE fintech funding soared 92%.
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