Apollonia Capital Advisors’ Post

“Companies in this sector raised SR2.5 billion ($666.02 million) across 10 funding rounds in 2023. This represents substantial growth in the sector, with the investment amount increasing more than sixfold, and the number of funding rounds more than doubling compared to 2022.” - Abdullah Binghannam, Deputy of Financing and Investment at the Capital Market Authority. #gcc #ksa #saudi #vc #investment #fintech #funding #businessmodels #growth #venture #capital #cma #sama #regulatory #compliance #profit

Saudi fintech investment increases sixfold to reach $666m in 2023

Saudi fintech investment increases sixfold to reach $666m in 2023

arabnews.com

To view or add a comment, sign in

Explore topics