According to a survey on the financial technology sector in the Middle East and North Africa (MENA) region in 2020, connected auto insurance had the highest penetration rate of 14 percent of respondents who were fintech users in Saudi Arabia in the middle income group. 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 Saudi Arabia in 2020, by feature and income group
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Did not adopt
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Deloitte. (June 1, 2020). Share of customers who adopted financial technology solutions in Saudi Arabia in 2020, by feature and income group [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1268734/saudi-arabia-fintech-rate-by-feature-and-income/
Deloitte. "Share of customers who adopted financial technology solutions in Saudi Arabia in 2020, by feature and income group." Chart. June 1, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1268734/saudi-arabia-fintech-rate-by-feature-and-income/
Deloitte. (2020). Share of customers who adopted financial technology solutions in Saudi Arabia in 2020, by feature and income group. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1268734/saudi-arabia-fintech-rate-by-feature-and-income/
Deloitte. "Share of Customers Who Adopted Financial Technology Solutions in Saudi Arabia in 2020, by Feature and Income Group." Statista, Statista Inc., 1 Jun 2020, https://www.statista.com/statistics/1268734/saudi-arabia-fintech-rate-by-feature-and-income/
Deloitte, Share of customers who adopted financial technology solutions in Saudi Arabia in 2020, by feature and income group Statista, https://www.statista.com/statistics/1268734/saudi-arabia-fintech-rate-by-feature-and-income/ (last visited July 22, 2024)
Share of customers who adopted financial technology solutions in Saudi Arabia in 2020, by feature and income group [Graph], Deloitte, June 1, 2020. [Online]. Available: https://www.statista.com/statistics/1268734/saudi-arabia-fintech-rate-by-feature-and-income/