According to a research released on Monday, the UAE FinTech industry is anticipated to expand from $3.16 billion in 2024 to $5.71 billion by 2029, driven by strong collaborations between the public and private sectors, investor confidence, and broad consumer acceptance.
Emirates NBD, a prominent financial organisation in the Middle East, North Africa, and Turkey (menat), issued the “From code to capital: The UAE’s FinTech revolution” 2025 study, which was created in partnership with PwC. The research presents a data-driven perspective on the UAE’s changing FinTech landscape and proposes a roadmap for ecosystem players promoting financial innovation. It was recently previewed at the Dubai FinTech Summit 2025, where the Bank was a Premium Banking Partner.
The research states that in 2024, FinTech companies in the United Arab Emirates raised over $265 million, or almost one-third of all startup capital raised nationwide. The FinTech 2025 Report, positioned as an industry-wide overview, provides insights into important regional trends, ranging from the ubiquitous integration of AI to a boom in digital adoption and venture capital investment. The UAE is becoming more and more acknowledged as a centre for FinTech activity, supported by a developing ecosystem and robust regulatory backing.
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