Global 500: Promising opportunities in the financial technology sector in the region
The financial technology and digital banking sector in the Middle East and North Africa holds promising opportunities for investors, especially for direct-to-consumer projects, according to Global 500 CEO Christine Tsai. In an interview with Al-Sharq, on the sidelines of the Private Investment Forum in Riyadh, Tsai indicated that the challenges facing this sector are paving the way for a new wave of innovation in digital financial services. She added that the company also follows the rapid developments in artificial intelligence, whether in companies that build solutions based entirely on it, or those that work on different layers of its technical structure, from applications to infrastructure, emphasizing that it is optimistic about the future of innovation in the region, and that Saudi Arabia is moving to become a center for artificial intelligence and from which companies will emerge. She explained that the Global 500 has been investing in the region since 2012, focusing on companies in their early stages, especially in the fields of financial technology, artificial intelligence, health and consumer-facing companies, while seeking to support projects capable of expanding regionally and globally.