Forbes Middle East has unveiled its Fintech 50 ranking.

UAE-based Wio Bank tops the 2024 list. Under the direction of CEO Jayesh Patel, the company launched its first digital banking application, “Wio Business,” in September 2022, followed by “Wio Personal,” which caters to retail clients.

Egypt’s Fawry, which offers e-payments and digital finance solutions to over 51.7 million customers, ranked second.

Egypt stands as the most represented country with 13 entries, followed by the UAE and Saudi Arabia with 11 companies each. Together, the three Arab nations make up 70% of the ranking.

Full ranking is available here: https://www.forbesmiddleeast.com/lists/the-middle-easts-fintech-50/.

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