With FinTech being one of the hottest sectors on the block, FinTech Saudi releases a newly updated guide book that details all the regulations and policies that entrepreneurs need familiarise themselves with to start their ventures.
Hailed as the local beacon for FinTech development, Fintech Saudi has released The FinTech Access Guide (version 2.0) to support founders and entrepreneurs in the sector at every stage. The comprehensive document acts as the essential written text for FinTech innovators, and has been updated from its previous version as a staple, nuanced guide for entrepreneurs.
The platform assists local and international FinTech companies based in the country to best navigate the industry’s regulations, wielding the organisation’s network to develop their startup to become market-ready.
The industry has recently thrived in Saudi Arabia, with FinTech deals up 4% in comparison to H1 2019. Investor appetite has gravitated towards the tech-enabled payments startups, such as PayTabs, Lendo and Hyper Pay.
"Our aim is to support the agenda of regulators, government entities, and entrepreneurs with respect to the Kingdom’s Vision 2030,” said Fintech Saudi in a statement. “We see ourselves as an advocate for FinTech companies to support their agenda with regulators and government entities and we hope that this is reflected in the FinTech Access Guide. Since the launch of Fintech Saudi, we are pleased to have seen the FinTech industry in Saudi Arabia advance forward.”
The access guide provides an aggregated directory that details the local framework and regulatory environment for entrepreneurs to develop fintech ideation, and mould them to become fully realised, viable startups.
You can download the access guide right here.
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