Home Brand View Here are all the key partners & sponsors at 24 Fintech 2024 24 Fintech aims to be the premier fintech event, platform, and community in Asia, Europe, and the MENA region by Gulf Business August 31, 2024 Image credit: BlackJack3D/ Getty Images The Gulf region’s fintech market, despite a recent downturn in funding and valuations, continues to be a hub of innovation and growth. The emergence of disruptive technologies like generative AI (GenAI) and the robust demand for innovative financial solutions present significant opportunities for the GCC fintech sector. “Despite a challenging venture capital landscape, fintech remains a top choice for investors in MENA, raising $186m across 50 deals in the first half of 2024,” venture capital data firm Magnitt said in its H1 2024 MENA FinTech Venture Investment report. GCC countries, especially Saudi Arabia, are actively developing their fintech sectors. Fintech hubs have sprung up across the region, attracting substantial investments for promising startups. Saudi Arabia is set to host the inaugural edition of 24 Fintech Summit from September 3 to 5 in Riyadh. The flagship fintech event brings together industry leaders, innovators, and investors to discuss the latest trends and opportunities in the fintech sector. The kingdom registered a record 391 per cent year-over-year growth in fintech funding during the first half of the year, reaching $66m compared to $13m in the same period a year earlier. 24 Fintech provides a platform for a collective commitment to unlocking business and networking opportunities, embracing change, and leading innovation. The event, which is expected to happen annually, is being hosted by the Financial Sector Development Program – a program by Saudi’s Council of Economic and Development Affairs in alignment with Vision 2030 economic diversification strategy, Saudi Central Bank (SAMA), the Capital Market Authority and Insurance Authority. 24 Fintech sponsors & partners: Founding Partners Visa Saudi payments Saudi National Bank Al Rajhi Bank STC Bank Strategic Partners Emkan finance Ewpartners Strategic Sponsors Mozn ai Elm Rasan SITE TAMAM SAB ICT Partner Huawei Platnum sponsors Najm J.P. Morgan Drahim HAKBAH 1957 Ventures Saudi Tadawul Group Sukuk Capital The Saudi Investment Bank Investor Awareness Partner Invest Saudi Consulting Partner Kearney Gold Sponsors Alibaba Cloud Deloitte Impact46 Bupa SVC American Express Tawuniya Derayah D360 BSF ABYAN Capital TARABUT Ejada SIMAH Barq Bank AlJazira Silver Sponsors Gulf International Bank Google Cloud Executive Lounge Sponsor Circlys PayTabs Lendo Marsh Fintech Galaxy Arab National Bank Latham Watkins Bag Sponsor Lendo Knowledge Partners CFTE MeemAin Edu Marketing Partners ELEVEN 777 Three Sixty Degree Marketing Media Sponsor Thoth.ai Read: 5 reasons to attend 24 Fintech in Riyadh Tags 24 FinTech Financial Sector Development Program Fintech Saudi Arabia You might also like TAQA, JERA, Al Bawani Capital to develop 2 power plants in Saudi Arabia Efficio’s Adam Forgács on local content’s role in economic diversification Trump’s policies may hit EMs, but Saudi stays safe: Citigroup Lenovo, world’s largest PC maker, to launch factory in Saudi Arabia