Qatar Fintech Summit is the definitive meeting place facilitating multi-stakeholder dialogue with power packed networking opportunities among C-Level executives, leading industry experts, decision makers, policy makers and government officials from across the value chain to foster collaboration, discuss current challenges, business opportunities, develop market strategies, share knowledge and identify solutions aimed at shaping the future of Fintech.
The financial industry with its banking activities, is one of the key sectors of Qatar’s Economy. Fintech holds considerable opportunities for economic diversification and is one of the four pillars of Qatar’s National Vision 2030. The Islamic Fintech sector in Qatar is on track to grow at a CAGR of 19.6% and is expected to be worth billions by 2025.
Ongoing social distancing and other precautionary requirements have forced traditional financial institutions, especially in the MENA region, to hasten the implementation of their digital transformation plans, with customers and businesses demonstrating a heightened level of engagement with Fintech. Accelerated digitization, with banks embracing new Fintech strategies have enabled them to develop products and services that meet existing and ever-changing customer and regulatory requirements, overcome current market challenges, while building resilient systems and enhancing operational efficiencies. Fintech solutions will have to play an ongoing role in the economic recovery, while accelerating the emergence of an inclusive, robust and innovative financial services industry.
