Saudi Arabia’s Vision 2030 strategy places digital transformation at the centre of economic diversification. Financial technology (fintech) solutions, particularly digital payments, are helping to expand financial inclusion, stimulate innovation and strengthen the private sector’s contribution to national development.
This publication analyses the evolution of the Kingdom’s fintech ecosystem, with a particular focus on business-to-business payments. It explores the sector’s enablers, including regulatory advances, infrastructure upgrades and partnerships supporting cross-border interoperability and security. The report also considers ongoing challenges, such as market fragmentation, skills gaps and cybersecurity preparedness, as the sector scales to meet national and regional demand.
By evaluating how policy, technology and investment interact, this report, produced in partnership with HyperPay, highlights the fintech sector’s growing role in achieving Vision 2030 objectives and building a more dynamic, inclusive financial landscape.