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Why Launch Your Fintech in the Middle East? Explore the Potential of the Region in a New Report

Updated: Dec 26, 2023

Velmie has released an insightful whitepaper shedding light on the Digital Banking Outlook of the Middle East in 2023.

The Middle East's financial landscape is rapidly evolving, driven by technological advancements and changing consumer preferences. The region is fast becoming an exciting new frontier for the fintech industry, with growth benefiting from a confluence of contributing factors, including favourable demographics, economic potential, digital appetite and mobile penetration.


Our new whitepaper delves into the heart of this transformation, providing a comprehensive analysis of the current state of Fintech and banking in the region. Moreover, the research provides invaluable insights into regional trends, identifying key opportunities and challenges that lie ahead.


As a trusted fintech software provider, Velmie is uniquely positioned to offer valuable insights into the region's digital banking ecosystem. The whitepaper showcases the major fintech players and digital banking solutions providers, giving readers a glimpse into the innovations driving financial services in the Middle East.


In recognition of our pioneering contributions, Velmie was recently honored by IBS Intelligence, ranking as one of the top-3 companies transforming the digital banking industry in MENA. This recognition underscores our commitment to excellence and innovation in providing cutting-edge fintech solutions.

"As a fintech software provider, we are thrilled to share our expertise and knowledge through this whitepaper," said Paul Shumsky, CMO at Velmie. "We believe that the future of finance in the Middle East lies in embracing digital innovations, and this report is our contribution to fostering that transformation."

What's inside the whitepaper:

  • State of Fintech and banking environment in the Middle East

  • Major fintech players and digital banking solutions providers in the region

  • Fintech market forecast, opportunities, and challenges

  • Overview of Fintech trends in the most promising countries of the region

In our Middle East Digital Banking Outlook, we comprehensively analyze the fintech landscape within the most diverse region in the world. Our assessment identifies key areas of opportunity and highlights the standout fintech companies that are shaping the industry's future.

Don't miss the opportunity to stay ahead in the ever-evolving fintech landscape of the Middle East. Download the whitepaper now and unlock the limitless potential that digital banking offers in this promising region.



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