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ICT spending to reach $9bn by 2024  22 Feb 2021 - 8:11 The Peninsula Doha: Qatar offers FinTechs worldwide substantial opportunities domestically as an unsaturated market with ICT spending expected to reach $9bn by 2024. Qatar is accelerating the development of its FinTech ecosystem and is making significant strides in this regard, according to the Qatar Fintech Report 2021 released yesterday by the Qatar Financial Centre and Refinitiv. Investors have poured $30.4bn into FinTechs globally in the first nine months of 2020, noted the report. Although with the MENA region accounted for less t...

 21 Feb 2021 - 14:21 QNA Doha: Investors poured US$30.4 billion into fintechs globally in the first nine months of 2020, according to the Qatar Fintech Report 2021 released today by the Qatar Financial Centre and Refinitiv. Although with the MENA region accounted for less than 1 percent of global investments in 2019, the figures suggest the region is becoming increasingly attractive for investors. The report highlights the exponential growth of the Global FinTech investments from just under US$ 1 billion in 2008 to an estimated US$34.5 billion by the end of 2019. Despite jarring global econ...

QNA Doha: Investors poured US$30.4 billion into fintechs globally in the first nine months of 2020, according to the Qatar Fintech Report 2021 released today by the Qatar Financial Centre and Refinitiv.

QFC attracts global FinTech firms  18 Feb 2021 - 8:26 Sachin Kumar | The Peninsula Measures taken by Qatar Financial Centre (QFC) to attract FinTechs have begun yielding results. Many FinTech companies from across the world looking to enter Qatar and several have registered with QFC, reflecting the vibrancy of FinTech ecosystem in Qatar. FinTech (or Financial Technology) is the term given to financial service firms whose product or service is built upon technology, often resulting in highly innovative, pioneering services.  “Qatar Financial Centre, a partner in developing Qatar’s Fin...