Forbes Top 30 Fintech Companies Middle East

While the companies on our 2023 list of the Middle East’s top Fintechs confirmed having zero or limited exposure to Silicon Valley Bank (SVB) and are expecting it to have a minimal impact on regional players, the global banking and finance system is still reeling from the bank’s collapse and the potential longer term effects are still playing out. SVB was also a lender, banking partner, and payments technology provider, according to CB Insights. SVB’s clients accounted for 71% of all Fintech IPOs between 2020 and 2022.