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# UAE Fintech Sector Raised $265 Million in 2024, Accounting for One-Third of National Startup Funding
- URL: https://www.theglobalbanker.com/uae-fintech-sector-raised-265-million-2024-one-third-startup-funding/
- Published: 2025-06-24T14:29:00.000Z
- Updated: 2026-10-02T14:35:04.000Z
- Description: UAE fintech startups raised $265 million in 2024 — about one-third of total national startup funding — with the market forecast to grow from $3.16 billion to $5.71 billion by 2029.
- Author: TGB Editorial Team
- Tags: Fintech, MENA, #archive

Fintech companies operating in the United Arab Emirates raised $265 million in 2024, representing approximately one-third of total startup investment in the country during the year, according to 'From code to capital: The UAE's FinTech revolution', a report published by Emirates NBD in collaboration with PwC in June 2025\. 

The UAE's fintech market was valued at $3.16 billion in 2024 and is projected to reach $5.71 billion by 2029, implying compound annual growth of about 12.6% over the five-year period. 

#### EMIRATES NBD ANALYSIS

The bank published analysis in its media centre noting the sector's dominant position within the national startup funding mix and its projected expansion through the end of the decade.