The Middle East and North Africa (MENA) is becoming a leading destination for fast-growing techstartups.
Theres Ubers acquisition of Careem for $3.1 billion.
Then theres Dubai unicorn Swvls listing on the Nasdaq, and fintech leader PayTabs taking the region by storm.
It’s free, every week, in your inbox.
For founders seeking to expand beyond their current borders, heres what you oughta know about Dubais fintech ecosystem.
One of the top five fintech funding rounds in Q1 went to Dubai-basedNOW Money at $7 million.
Its robust yet flexible business and legal framework provides a safe environment for market newcomers.
And it just so happens Dubais main objective is to transform itself into an international technology hub.
In the global ranking, it reached 23rd place.
Dubai in particular continues to attract international talent with its high quality of life.
InterNationsExpat City Ranking 2021saw Dubai reach third place out of 57 cities that were ranked.
Still not sure if Dubai is right for your fintech?
This allowed us to effectively dip our toes in and see how things work.
