New 24 Fintech summit to debut in Riyadh this September

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A new fintech summit in Riyadh, Saudi Arabia is set to attract over 26,000 attendees, 300 exhibitors and 200 investors from September 3-5, 2024.

The event, dubbed ‘24 Fintech‘, will be hosted by the Financial Sector Development Program (FSDP), the Saudi Central Bank (SAMA), the Capital Market Authority (CMA), and the Insurance Authority (IA), and co-organised by Fintech Saudi and Tahaluf. The venue will be the Riyadh Front Exhibition & Conference Centre

Tahaluf — which is well known for organising one of the region’s biggest tech events LEAP — is a strategic venture between Informa, the Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP), and the Events Investment Fund (EIF). Now, Tahaluf is aiming to play its part in positioning Riyadh as a global fintech hub.

“Our vision is to drive forward finance by bringing together essential stakeholders and propelling practical, worldwide transformation in alignment with the economic development agenda laid out in Saudi Arabia’s Vision 2030,” said Annabelle Mander, senior vice president of Tahaluf.

The 24 Fintech summit will feature more than 200 expert speakers who will address pressing finance industry issues as well as the immense technological changes impacting operations, from infrastructure provision to client servicing.

The summit will host international speakers from renowned organisations such as the Monetary Authority of Hong Kong, Standard Chartered, Citi Group, Barclays, HSBC, S&P, Arthur D Little, Swift, and Ripple. These experts will address crucial industry issues, from governance and regulations to investment and financial services innovation.

24 Fintech will also feature four stages of programming, including keynotes, panel discussions, and industry announcements. Special initiatives at the event will include the Regulators’ Village, connecting regulators with aspiring fintech companies. There will also be an investor program with dedicated sessions for startups and investors.

Meanwhile, a startup zone will highlight 80 top global fintech companies, offering mentorship and pitch competitions with equity-free awards exceeding SAR 900,000 ($250,000).

The three-day event will further combine an exhibition and summit – featuring 175 hours of expert-led content – with a host of satellite events, including industry gatherings and brand activations, running throughout the week, from September 1-6.