MENA VC Funding Hits $678m, Fintech Dominates
The Middle East and North Africa (MENA) region witnessed a substantial surge in venture capital (VC) funding in April 2025, reaching a total of $678 million. Fintech companies were the primary beneficiaries of this investment, with Saudi Arabia and the United Arab Emirates emerging as the leading destinations for VC funding.
Saudi Arabia topped the list, attracting $391 million in VC funding, while the United Arab Emirates followed closely with $339 million. The significant investment in fintech underscores the region’s growing focus on financial technology and its potential for growth.
The investment in fintech companies is a testament to the region’s efforts to diversify its economy and embrace innovative technologies. As the MENA region continues to attract significant VC funding, it is likely that fintech will remain a key area of focus, driving growth and development in the sector.
Source: Tech In Asia
