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    Home » Fintech Revolution at DATE Show: Saudi Arabia’s Future Financial Landscape Unveiled
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    Fintech Revolution at DATE Show: Saudi Arabia’s Future Financial Landscape Unveiled

    cxonnewsnewsBy cxonnewsnewsOctober 16, 2023No Comments2 Mins Read
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    The finance industry in Saudi Arabia is about to undergo a significant upheaval, and the DATE fintech Show—which takes place on December 11 and 12 at the JW Marriott Hotel in Riyadh—is the event to watch.

    This two-day event is bringing together investors, industry executives, and global fintech innovators. Also bringing together the politicians to map out the future of Saudi Arabia’s fintech revolution.

    Fintech has become a major force for change as the MENA area sets out on a path of economic diversification. The industry in Saudi Arabia is expected to grow significantly, with a compound annual growth rate (CAGR) of 12.14%. It is expected to grow from $39.04 million in 2023 to $69.23 million by 2028 This was predicted, according to a recent analysis by Mordor Intelligence.

    Co-located with the DATE AI Show, the DATE Fintech Show seeks to promote innovation throughout the Kingdom by showcasing the newest developments. Saudi Arabia has a target of having 525 operational fintech companies by 2030. And now Saudi Arabia has around 147 startups based there.

    Traditional financial institutions and those new to the fintech sphere can both use this event as a platform to learn about the newest trends. Furthermore, these institutions can also learn how to overcome obstacles, and support the industry’s incredible rise.

    Among the notable speakers at the event are:

    • Dr. Wissam Fattouh, the Union of Arab Bank’s secretary general
    • Executive Chairman Fadi Ghandour and Chief Operating
    • Officer Wamda Aiedh Al-zahrani of Arab National Bank
    • Essam Al Bakir: the CEO of Ejada Capital.
    • Chief Business Development Officer Issa Nasser Al Issa of Wamid (Tadawul – Saudi Exchange)
    • Alain Godard: managing director and chairman of the European Digital Sovereignty Fund.
    • Partner at Antler is Dr. Jonathan Doerr.
    • Senior Managing Director Bryan Stirewalt of K2 Integrity
    • Orbit Startups’ managing director, William Bao Bean
    • AI Society board president Dr. Fatmah Baothman

    About DATE – FinTech:
    DATE – FinTech Stage is a business-focused, thought-leadership-driven event. It delves deeply into the newest technological advancements and issues facing Saudi Arabia’s financial services industry.

    DATE – FinTech Stage establishes the benchmark for financial technology in the Kingdom. By bringing together pre-qualified CFOs, CEOs, CTOs, Heads of Innovation, Chief Digital Officers. Also bringing together the Heads of Business Transformation, and government officials from Saudi Arabia with international fintech experts, tech innovators, and startups.

    Visit CxO Global FORUM or CxO News Live for all the latest updates.

    Date Show finance Financial Development Fintech Innovation MENA Saudia Arabia
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