FinTech represents the technologies which are disrupting traditional financial services, including mobile payments, money transfers, loans, fundraising, peer-to-peer lending, and crowdsourcing. The current MENA fintech market is estimated at US$2bn and expected to witness an annual growth of US$125mn until 2022 MENA Fintech Banks are currently acquiring, partnering and also sponsoring fintech companies.
Going forward, when benchmarked against emerging markets, MENA is anticipated to experience a new era of fast growth. Fintech funding has been rapidly gaining traction in the past five years, reflecting investors’ rising interest in the fintech opportunity in MENA. However it is still not evident that Lebanese Financial Sector and/or Startups are on the way to bring new openings in the industry. Needless to say that by adopting Fintech, Lebanon will build on its reputation being the banking hub of the Middle East while offering businesses a golden opportunity to win opportunities, customers and market share, but only if they stay at the cutting edge of what’s available and possible.
Led by the experts in financial technology, our FINTECH IMMERSION PROGRAM draw on a variety of learning techniques to deliver highly engaging training with long-lasting results. We start off by get to know Fintech and Blockchain, by looking into six different FinTech domains, followed by FinTech as an area of investments.