Home » Fintech in MENAP: A solid foundation for growth – McKinsey

Fintech in MENAP: A solid foundation for growth – McKinsey

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30-second summary:
The Middle East, North Africa, Afghanistan and Pakistan (MENAP) region is poised for significant growth in the fintech sector, due to a large, young and digitally-savvy population, as well as a supportive regulatory environment and increasing investment. However, challenges such as limited digital infrastructure and the need for further education and training need to be tackled to enable the full potential of fintech to be realized in the region. Collaboration between startups, financial institutions and governments will also be key in driving innovation and bringing financial services to a wider population.

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