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Middle East and Central Asia > Saudi Arabia

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Cover IMF Working Papers
Fintech, Inclusive Growth and Cyber Risks: Focus on the MENAP and CCA Regions
Ms. Inutu Lukonga
Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial inclusion. This paper reviews the fintech landscape in the MENAP and CCA regions, identifies the constraints to the growth of fintech and its contribution to inclusive growth and considers policy options to unlock the potential.
Keywords:
WP; cyber security; venture capital; CCA country; risk management; Fintech innovation; growth capital; private equity; Fintech; Cyber Risks; Financial Stability; Inclusive Growth and Financial Inclusion; fintech firm; technology company; Mobile banking; Financial inclusion; Cyber risk; Global