According to a survey on the financial technology sector in the Middle East and North Africa (MENA) region in 2020, account aggregation had the highest penetration rate of 25 percent of respondents who were fintech users in the United Arab Emirates (UAE) between the age of 31 and 40. Although financial technologies are crucial players of the region's emerging ecosystem, they have to be deployed by banks as their strategic partners.
Share of customers who adopted financial technology solutions in the United Arab Emirates in 2020, by feature and age group
Characteristic
20-30 years
31-40 years
41-50 years
Did not adopt
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Deloitte. (June 1, 2020). Share of customers who adopted financial technology solutions in the United Arab Emirates in 2020, by feature and age group [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1267690/uae-fintech-rate-by-feature-and-age/
Deloitte. "Share of customers who adopted financial technology solutions in the United Arab Emirates in 2020, by feature and age group." Chart. June 1, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1267690/uae-fintech-rate-by-feature-and-age/
Deloitte. (2020). Share of customers who adopted financial technology solutions in the United Arab Emirates in 2020, by feature and age group. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1267690/uae-fintech-rate-by-feature-and-age/
Deloitte. "Share of Customers Who Adopted Financial Technology Solutions in The United Arab Emirates in 2020, by Feature and Age Group." Statista, Statista Inc., 1 Jun 2020, https://www.statista.com/statistics/1267690/uae-fintech-rate-by-feature-and-age/
Deloitte, Share of customers who adopted financial technology solutions in the United Arab Emirates in 2020, by feature and age group Statista, https://www.statista.com/statistics/1267690/uae-fintech-rate-by-feature-and-age/ (last visited August 24, 2024)
Share of customers who adopted financial technology solutions in the United Arab Emirates in 2020, by feature and age group [Graph], Deloitte, June 1, 2020. [Online]. Available: https://www.statista.com/statistics/1267690/uae-fintech-rate-by-feature-and-age/