WORLD / MID-EAST
UAE FinTech sector set to reach $5.71 billion by 2029 amid rapid innovation growth
Published: Mar 19, 2026 04:42 PM
The UAE continues to strengthen its position as one of the world’s leading centres in the financial technology (FinTech) sector, benefiting from an integrated ecosystem that combines advanced digital infrastructure, flexible regulatory frameworks and the flow of global investments, in addition to the presence of leading financial and technology institutions.

According to the FinTech 2025 Industry Report by Emirates NBD and PwC, FinTech startups in the country attracted investments amounting to nearly $265 million in 2024, equivalent to one-third of the total funding granted to startups in the country.

The report expects the size of the FinTech market in the country to grow from $3.16 billion in 2024 to $5.71 billion by 2029, supported by widespread consumer adoption of FinTech innovations, investor confidence in the opportunities offered by the local market, and the strength of partnerships between the public and private sectors.