UAE Fintech Market to be dominated by Mobile Payment through 2027
The emerging trend of fintech in small and medium-sized enterprises to analyze information and data is driving the demand for the UAE fintech market in the forecast period, 2023-2027. According to TechSci Research report, “ UAE Fintech Market By Region, Competition Forecast & Opportunities, 2027 ”, the UAE fintech market is expected to witness an impressive CAGR in the forecast period, 2023-2027. Fintech refers to using technology and innovation to offer financial services through internet-based platforms. Organizations in this market provide end-to-end financial services and solutions to automate transaction processes over the internet. End-user organizations widely adopt it on the back end to automate insurance, risk management, trading, and banking services. Escalating demand for online financing among consumers and the rise in usage of novel technologies in the existing business operation of banks & financial institutions are expected to drive the market growth ...