Riyadh To Host Landmark 24th Fintech Conference This September

Riyadh will host the inaugural 24 Fintech Conference, an international event focused on financial technology. Scheduled from September 3 to 5 at the Riyadh Front Exhibition & Conference Center, it is organised by Fintech Saudi and Tahaluf. The Financial Sector Development Program, the Saudi Central Bank (SAMA), the Capital Market Authority, and the Insurance Authority are hosting this event.

The conference aims to support the growing financial technology community. It will cover various specialised topics such as AI, machine learning in financial operations, integrated finance, open banking services development, and green finance. These discussions aim to inspire regulators, policymakers, investors, technology experts, entrepreneurs, and academics to advance cooperation in the sector.

The event aligns with Saudi Arabia's goals to enhance its entrepreneurship ecosystem and support startups. This is part of its broader efforts to become a leading financial technology hub in the Middle East and North Africa region. These initiatives are in line with Saudi Vision 2030's objectives for sector development.

A key feature of the 24 Fintech Conference is the "FinTech Innovation Center." This space is dedicated to supporting startups and investors. It will showcase 80 modern and innovative startups alongside more than 200 investors. This initiative aims to foster growth and collaboration within the financial technology sector.

The conference is organised by Fintech Saudi and Tahaluf, a joint project between the Saudi Federation for Cybersecurity, Programming and Drones, Informa PLC, and the Events Investment Fund. This collaboration underscores the commitment to developing a robust financial technology ecosystem in Saudi Arabia.

The event's focus on specialised topics like AI and machine learning highlights its commitment to advancing global banking and financial services. By bringing together diverse stakeholders, it seeks to drive innovation and cooperation in financial technology.

This conference marks a significant step towards positioning Saudi Arabia as a prominent player in the global financial technology landscape. It reflects the country's dedication to fostering an environment conducive to technological advancement and economic growth.

With inputs from SPA