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  2. Saudi Arabia braces up to inaugurate 24 Fintech, showcases thriving fintech sector

Saudi Arabia braces up to inaugurate 24 Fintech, showcases thriving fintech sector

GHADA.ISMAIL
Aug 14, 2024
24 fintech

Riyadh – Sharikat Mubasher: Riyadh is putting the final touches, reading itself to launch the first edition of 24 Fintech conferences specializing in the financial technology sector at the Riyadh Front Exhibition & Conference Center from September 3 to 5.

Attracting 26,000 attendees, over 200 speakers, and more than 300 exhibitors, the event is hosted under the auspices of the Financial Sector Development Program, the Saudi Central Bank (SAMA), the Capital Market Authority, and the Insurance Authority and will be jointly organized by Fintech Saudi and Tahaluf, according to the official website of the event.

 The inaugural edition of the conference provides a platform for senior government officials, global leaders, and international companies in the financial sector to address key topics impacting the fintech transformation journey in Saudi Arabia.

 24 Fintech 2024 aims to solidify the Kingdom's leading position in the financial sector, given its growing reliance on financial technologies.

The inaugural edition of 24 Fintech will feature four stages hosting three days of programming including keynotes, panel discussions, and industry announcements, with dedicated areas for investment and startups, technology, and academia. Across the various stages, experts will probe a host of themes including governance, regulations, interoperability, investment, and reimagining the financial services landscape.

In addition to the main and feature stages, the show will host special initiatives – including the Regulators’ Village, a dedicated zone connecting regulators and fintechs who aspire to set up in the Kingdom. The inaugural 24 Fintech will also offer a dedicated investor program with an exclusive stage and lounge, as well as Venturescape, a pre-show initiative that will bring together 200+ global investors and 100+ fintechs for a series of workshops, mentorship, and pitch practice.

A specific startup zone will spotlight 80 of the top global fintech companies, across all major fintech verticals including, but not limited to, payments, lending, insurtech, regtech, capital markets, compliance, and open banking. Aspiring startups can take advantage of tailored mentorship and matchmaking sessions as well as a 24 Fintech pitch competition. The top startups will battle it out in timed pitch heats, culminating in a grand finale with more than SAR 900,000 ($250,000+) in equity-free awards.

 24 Fintech 2024 aligns with the goals of Saudi Vision 2030, emphasizing the pivotal role of the sector in achieving economic transformation. The conference attracts prominent supporters of the Vision's goals within this sector.

 

 

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24 fintech
Saudi Arabia
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