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Wamda accelerates entrepreneurship ecosystems throughout MENA by joining Wamda Capital, the most active, multi-stage, sector agnostic VC fund investing in high growth technology or tech-enabled startups across the MENA, and the leading knowledge platform offering integrated programs including thought leadership and research, community development, Wamda’s fellowship program Wamda X, as well as corporate and government advisory services to the various stakeholders of the MENA startup ecosystem.
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![Episode 7 - Fintech in the Middle East [Podcast]](https://pbcdn1.podbean.com/imglogo/image-logo/1097054/Profile-SC-WCpodcasts-1000x1000-00_300x300.jpg){kind=logo}
Wednesday Jun 07, 2017
Wednesday Jun 07, 2017
Fintech is hot. Globally, investments in fintech have been rising since 2012, and while they might drop slightly in 2017, according to CB Insights, the amount invested so far this year is around $2.7 billion.
For the Middle East, things are getting a little warmer also. In the last 10 years, as we outlined in our recently published State of Fintech report published in partnership with Payfort, there has been $100 million raised for fintech startups.
Our research indicates that the number of startups launched and investments raised will more than double by 2020.
As part of publishing the report, Wamda Capital hosted a fintech panel to look at what’s going on in what is really a nascent sector for the Middle East.
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