Fintech innovation in MENA driven by growth, wealth, and modernization

This one caught my attention over at FinTech Futures:

The Middle East and North Africa (MENA) region is experiencing a surge in fintech innovation, driven by factors such as economic growth, increasing wealth, and modernization efforts. The region is seeing a rise in digital banking, mobile payments, and blockchain-based solutions, with governments and financial institutions actively supporting and investing in fintech startups.