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Saudi Arabia is making significant progress towards becoming a global fintech hub, aligning with its Vision 2030 goals, according to a new KPMG report released at the conclusion of the Fintech 24 conference. Al Watan reported. Despite global challenges in early 2024, Saudi fintech attracted over $1.14bn in investments between September 2020 and December 2023. In 2023 alone, investments surpassed $791mn, a 231% increase from the previous year. Anton Ruddenklau, Global Head of Financial Services and Fintech Innovation at KPMG, stated: ‘Saudi Arabia’s strategic vision is fuelling a fintech revolu…

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