Top 10 Fintech Startups in the Middle East

Top 10 Fintech Startups in the Middle East

Forbes Middle East has released its selection of 2022’s top 25 fintech companies in the region, recognizing the Middle East’s most successful public and private fintech firms.

The list features firms that are applying technology to financial sectors including payments, insurance, blockchain and cryptocurrency, digital banking, investing and wealth management, and lending and personal financing, providing a selection of the most notable fintech companies based on the growth they’ve witnessed over the past year, the volume of transactions they have processed, their customer base, and total funding, among other key criteria.

To get a better view of the Middle East’s booming fintech startup scene, we’ve curated the top ten private fintech companies that made Forbes Middle East’s 2022 selection, recognizing the region’s most innovative fintech startups in their respective field that are leading sectors such as insurtech, payments, online wealth management, business lending, and cryptocurrency.

Beehive (UAE)

Headquartered in the United Arab Emirates (UAE), Beehive is a peer-to-peer (P2P) lending platform launched in 2014. Regulated by the Dubai Financial Services Authority (DFSA), the company provides digital finance solutions for small and medium-sized enterprises (SMEs), connecting them with a crowd of investors. Since its launch, the platform has enabled businesses to borrow more than AED