In 2022, fintechs in Saudi Arabia saw revenue increase by over 800 million Saudi Arabian riyals over the previous year, amounting to 2.8 billion SAR. Since 2018, fintechs authorized by the Saudi Arabian Monetary Authority (SAMA) have seen a sharp increase each year in revenue. Year over year growth was strong, with the highest jump recorded between 2020 and 2021 when revenue increased two-fold.
Total revenue by Saudi Arabian Monetary Authority fintechs from 2018 to 2022
(in million Saudi riyals)
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Saudi Central Bank. (September 4, 2023). Total revenue by Saudi Arabian Monetary Authority fintechs from 2018 to 2022 (in million Saudi riyals) [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1422456/saudi-arabia-total-revenue-sama-fintechs/
Saudi Central Bank. "Total revenue by Saudi Arabian Monetary Authority fintechs from 2018 to 2022 (in million Saudi riyals)." Chart. September 4, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1422456/saudi-arabia-total-revenue-sama-fintechs/
Saudi Central Bank. (2023). Total revenue by Saudi Arabian Monetary Authority fintechs from 2018 to 2022 (in million Saudi riyals). Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1422456/saudi-arabia-total-revenue-sama-fintechs/
Saudi Central Bank. "Total Revenue by Saudi Arabian Monetary Authority Fintechs from 2018 to 2022 (in Million Saudi Riyals)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1422456/saudi-arabia-total-revenue-sama-fintechs/
Saudi Central Bank, Total revenue by Saudi Arabian Monetary Authority fintechs from 2018 to 2022 (in million Saudi riyals) Statista, https://www.statista.com/statistics/1422456/saudi-arabia-total-revenue-sama-fintechs/ (last visited November 19, 2024)
Total revenue by Saudi Arabian Monetary Authority fintechs from 2018 to 2022 (in million Saudi riyals) [Graph], Saudi Central Bank, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1422456/saudi-arabia-total-revenue-sama-fintechs/