Mohamed Roushdy, MBA – Experienced CIO, told the Futurism Forum guests about the Fintech opportunities in the MENA region. Here are a few highlights of what we’ve discussed here:
– The number of startups in the MENA region is increasing exponentially. Today there are thousands of them versus the situation 10 years before when there were only about 80 startups.
– Payment, Lending, and Blockchain comprise about 70% of all Fintechs in the region.
– Open Banking standards are already applied in the MENA!
Have you ever made a deal? And have you always been 100% sure that the other party would fulfill all its obligations under the contract? The answer is obvious, and here come the pains of both parties using a traditional approach to contracts…