US EditionMENA and Turkey See Booming Fintech Sector with 26 Soonicorns - Fintechnews Middle East
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MENA and Turkey See Booming Fintech Sector with 26 Soonicorns - Fintechnews Middle East
The fintech ecosystem across the Middle East, North Africa, and Turkey (MENAT) is experiencing a period of remarkable growth and maturation. According to a recent report by Lucidity Insights, sponsored by SAP, nearly 900 fintech companies in the region have secured funding. Among them, nine have reached unicorn startups, while 26 are so-called “soonicorns,” or ventures on the verge of achieving billion-dollar valuations. The report, released in …
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