About FinTech sector in United Arab Emirates
The FinTech sector in United Arab Emirates comprises 2.07K companies, including 466 funded companies having collectively raised $6.5B in venture capital money and private equity. Out of these, 113 are Series A+ funded, and 2 have achieved unicorn status.
FinTech sector in United Arab Emirates has seen 43 acquisitions and 10 IPOs.
This sector includes companies offering tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies included in FinTech
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc.Companies excluded in FinTech
Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc.Top FinTech Companies in United Arab Emirates
There are more than 2.07K companies in FinTech in United Arab Emirates. Tabby is the top FinTech company in United Arab Emirates, ranked using Tracxn Score (what's this?).
Here are 5 of the top FinTech companies in United Arab Emirates:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of purchase financing solutions for businesses | Dubai (United Arab Emirates) | 2019 | Series E | $604M | |
Online exchange platform for cryptocurrencies | Dubai (United Arab Emirates) | 2015 | Acquired | $40M | |
Alternative investment platform for real estate | Dubai (United Arab Emirates) | 2020 | Series A | $26M | |
Provides digital payment solutions and merchant services, catering to businesses with fintech support | Dubai (United Arab Emirates) | 1994 | Acquired | $539M | |
App-based digital wallet for consumer payments | Dubai (United Arab Emirates) | 2020 | Series A | $30.5M |
Companies founded year-on-year in the FinTech sector in United Arab Emirates
302 FinTech startups in United Arab Emirates were founded in 2022 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 16 |
2024 | 103 |
2023 | 218 |
2022 | 302 |
2021 | 297 |
2020 | 183 |
2019 | 122 |
2018 | 148 |
2017 | 111 |
Stage-wise distribution of FinTech sector companies in United Arab Emirates
Out of the total 2,070 FinTech companies in United Arab Emirates, 466 have secured funding. Among them, 113 have reached Series A or higher, and 72 to Series B or beyond.
Founded - 2,070
Funded - 466
Series A+ - 113
Series B+ - 72
Series C+ - 58
Company Stage | No. of companies |
|---|---|
Founded | 2,070 |
Funded | 466 |
Series A+ | 113 |
Series B+ | 72 |
Series C+ | 58 |
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Funding Trends in the FinTech sector in United Arab Emirates
Total funding year-on-year in the FinTech sector in United Arab Emirates
The FinTech sector in United Arab Emirates saw a total funding of more than $5.05B in the last 10 years. The most amount of funding was in 2023 at more than $1.69B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $982M |
2024 | $986M |
2023 | $1.69B |
2022 | $786M |
2021 | $360M |
2020 | $86.6M |
2019 | $40.8M |
2018 | $23.2M |
2017 | $83.1M |
Recent Funding Rounds in FinTech in United Arab Emirates
In the year 2025, till October 2025, FinTech companies in United Arab Emirates have raised $446M in equity funding across 33 rounds.
In the same period last year (i.e. till October 2024), FinTech companies in United Arab Emirates had raised $173M across 47 rounds.
So, 2025 has seen a 157.08% rise in funding in FinTech companies in United Arab Emirates as compared to 2024.
Here are some recent, important funding rounds in FinTech companies in United Arab Emirates:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 5233 | Oct 27, 2025 | ||
Series A | 6736 | Oct 23, 2025 | ||
Seed | 7468 | Oct 01, 2025 | ||
Seed | 4363 | Oct 2025 | - | |
Seed | 4820 | Sep 10, 2025 |
Top Investors in FinTech in United Arab Emirates
Plug and Play Tech Center is the top investor in FinTech companies in United Arab Emirates based on number of companies invested.
Here are some top investors in FinTech companies in United Arab Emirates:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Vienna (Austria) | ||
Dubai (United Arab Emirates) | - | |
Dubai (United Arab Emirates) | ||
New York City (United States) |
M&A activity in FinTech sector in United Arab Emirates
In the year 2025, till December 2025, 4 acquisitions happened in FinTech sector in United Arab Emirates. Last year, in 2024, a total of 11 acquisitions happened in FinTech sector in United Arab Emirates.
Here are some recent, important acquisitions in FinTech sector in United Arab Emirates:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 24, 2025 | ||
Business Acquisition | Jul 16, 2025 | ||
Business Acquisition | Jul 09, 2025 | ||
Business Acquisition | Jun 13, 2025 | ||
Business Acquisition | Dec 09, 2024 |
Acquisition trends in FinTech sector in United Arab Emirates
Here are the acquisition trends in FinTech sector in United Arab Emirates:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 4 |
2024 | 11 |
2023 | 7 |
2022 | 8 |
2021 | 5 |
2020 | - |
2019 | 1 |
2018 | 2 |
2017 | 4 |
IPOs in FinTech in United Arab Emirates
In the year 2025, till November 2025, 1 IPO happened in FinTech sector in United Arab Emirates.
Here are some recent, important IPOs in FinTech sector in United Arab Emirates:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 04, 2025 | Johannesburg Stock Exchange (JSE) | |
Dec 05, 2023 | Abu Dhabi Securities Market (ADSM) | |
Apr 01, 2023 | Abu Dhabi Securities Market (ADSM) | |
Jun 29, 2022 | Abu Dhabi Securities Market (ADSM) | |
May 31, 2021 | Abu Dhabi Securities Market (ADSM) |
Colleges which produce the most FinTech companies in United Arab Emirates
Companies founded by alumni from top colleges in the FinTech in United Arab Emirates
Most number of FinTech startups in United Arab Emirates have been founded by alumni from INSEAD, BITS Pilani and London Business School (LBS).
College | No. of companies |
|---|---|
INSEAD | 16 |
BITS Pilani | 12 |
London Business School (LBS) | 11 |
London School of Economics and Political Science | 9 |
Harvard University | 6 |
Harvard Business School | 5 |
IIM Calcutta | 5 |
Stanford University | 5 |
University of Oxford | 5 |
University of Pennsylvania | 5 |
Total funding in FinTech companies founded by alumni from top colleges in United Arab Emirates
In the last 10 years, Harvard University graduates' FinTech companies in United Arab Emirates have raised the most funding among top colleges. Harvard Business School alumni are second, and London School of Economics and Political Science alumni are third.
College | Total Funding |
|---|---|
Harvard University | $1.88B |
Harvard Business School | $1.87B |
London School of Economics and Political Science | $71.4M |
Keio University | $57.1M |
University of California (Los Angeles) | $55M |
Stanford University | $43.4M |
INSEAD | $34.9M |
London Business School (LBS) | $34.6M |
Aalto University | $31M |
BITS Pilani | $27.9M |
Top News in FinTech in United Arab Emirates
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Tpay Secures License to Offer Direct Mobile Payments for Government Services in EgyptGlobeNewswire•Dec 11, 2025•TPAY MOBILE
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Africa’s digital payments need interoperability, inclusivity with Network InternationalBiometricUpdate.com•Sep 01, 2025•Network International
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New horizons for Absa Business Banking and Network InternationalBizcommunity.com•Aug 15, 2025•Network International, Absa bank
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tpay Releases White Paper on Unlocking Business Opportunities With New Digital PaymentsGlobal FinTech Series•Aug 12, 2025•TPAY MOBILE
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Blu Penguin, Network International Partner to boost Mobile Money payments across AfricaBusiness and Financial Times•Jul 21, 2025•Network International, The Blu Penguin
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Network International adds Wio Bank to SME loan platform
The Paypers•Jul 17, 2025•Network International, Wio
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DOF and Network International Partner to Drive Dubai’s Cashless VisionNetwork International•Jul 14, 2025•Network International
•
Ex-Coral Capital Execs Plan $100M Fund to Accumulate BNBtapchibitcoin.io•Jun 24, 2025•BNB Chain, Coral Capital, Binance
•
Stake Partners with Checkout.com for Pay to Card IntegrationFintech Finance•Jun 17, 2025•Stake, Checkout
