Middle East Fintech & Payments
14 verified facts tracked for this market — each with its source, reporting period and evidence tier. Tier 1 = primary institutions (central banks, statistical offices); tier 2 = disclosed industry panels.
| Metric | Value | Geo | Period | Tier | Source |
|---|---|---|---|---|---|
| Saudi fintech regulatory sandbox entrants permitted to operate in 2018 cohort | 7fintechs permitted to operate | Saudi Arabia | 2018 cohort | T1 | sama.gov.sa |
| Saudi Arabia average unit cost of payments reduction | 11% | Saudi Arabia | 2021-2023 | T1 | sama.gov.sa |
| Saudi Arabia digital payment adoption change | 75.7246348679077 / 73.454579640307% of population age 15+ made or received a digital payment, 2024 / 2021 | Saudi Arabia (MENA narrower geography) | 2021-2024 | T1 | data.worldbank.org |
| Saudi Arabia national POS estate increase | 72% | Saudi Arabia | 2021-2023 | T1 | sama.gov.sa |
| Saudi Instant Payments System sarie transaction volume growth | 176 to 437million transactions | Saudi Arabia | 2021-2023 | T1 | sama.gov.sa |
| Saudi finance and insurance establishments using AI technologies | 52.9% in 2025; 44.7% in 2024% of establishments in financial and ins | Saudi Arabia | 2024-2025 | T1 | stats.gov.sa |
| Adults using a mobile phone or the internet to pay bills, Jordan | 2.12138544555093% of population age 15+ | JO | 2017 | T1 | data.worldbank.org |
| Average cost of sending remittances to Morocco (inbound) | 4.17percent | MA | 2023 | T1 | data.worldbank.org |
| Companies licensed by SAMA under non-bank financial institution licenses | 15licensed companies | Saudi Arabia | 2020 | T1 | sama.gov.sa |
| Debit-card share of Saudi e-commerce payment methods | 50percent of e-commerce users | Saudi Arabia | 2023 | T1 | sama.gov.sa |
| Digitally enabled account, adults age 15+, Egypt | 28.24percent | EG | 2024 | T1 | data.worldbank.org |
| Saudi Arabia adults who made or received a digital payment | 75.7246348679077% of population age 15+, World Bank Global Findex | Saudi Arabia (MENA narrower geography) | 2024 | T1 | data.worldbank.org |
| Saudi Arabia total payment transactions volume | 17.2billion transactions | Saudi Arabia | 2023 | T1 | sama.gov.sa |
| Saudi establishments using the internet for electronic banking services | 79.1% of establishments, 2025 | Saudi Arabia | 2025 | T1 | stats.gov.sa |
Connected markets
Same vertical, other geographies
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- Caucasus & Central Asia Fintech · 27 facts
- China Fintech & Payments · 26 facts
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- Hungary fintech · 23 facts
- Indonesia fintech · 23 facts
Same geography, other verticals
- MENA HR & Talent Tech · 23 facts
- MENA AI Adoption · 21 facts
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