The “Saudi Fintech” initiative, concluded the largest financial technology recruitment fair in the region.
The initiative held the exhibition in Riyadh from 6 to 7 March.
Saudi Fintech initiative aimed to support the growth of the financial technology sector in the Kingdom
The exhibition of the Saudi Fintech initiative
The initiative seeks to provide an opportunity for all fresh graduates.
More than 50 financial technology companies, banks, and entities operating within the financial technology system participated in the exhibition.
During the exhibition, companies showcased more than 600 job opportunities in this vital field.
The exhibition witnessed a qualitative turnout of young Saudis who were keen to attend during the past two days.
The number of young people participating in the exhibition reached more than 8,000 people.
At the top of the participating entities: are the Saudi Central Bank (SAMA), and several financial technology companies and banks.
The organization of the exhibition coincided with the remarkable rise witnessed in KSA in the financial technology industry.
The number of financial technology companies increased by 79% during the year 2022, an increase of 14.7 times over the previous four years.
The volume of investments in the sector has reached $400 million.
There are currently 147 local and international companies operating in a number of financial technology fields in KSA.
Saudi Fintech” held on the sidelines of the exhibition 7 workshops and career counseling sessions In order.
It tries to enhance the competencies of the sons and daughters of the Kingdom professionally.
It is noteworthy that “Saudi Fintech” is an initiative launched by the Saudi Central Bank in cooperation with the Capital Market Authority.
The initiative falls under the umbrella of the Financial Sector Development Program to support the process of developing the FinTech sector in the Kingdom of Saudi Arabia.
The initiative aims to transform the kingdom into a destination for innovation in the financial technology sector characterized by a thriving and responsible ecosystem.
The initiative also seeks to support the process of developing the infrastructure necessary for the growth of the financial technology sector.