UAE Fintech Market to Reach USD 6.43 Billion by 2030
The market is projected to have a compound annual growth rate of 12.56%, according to a report by Mordor Intelligence.
The UAE’s fintech sector is on track to more than double in value over the next five years, according to a new report by Mordor Intelligence. The market is projected to grow from USD 3.56 billion in 2025 to USD 6.43 billion by 2030, with a compound annual growth rate of 12.56%.
The growth reflects ongoing momentum in both Abu Dhabi and Dubai, where government-led initiatives, regulatory reforms, and increased private investment are transforming the UAE into a regional fintech hub. Key regulators- including the Dubai Financial Services Authority (DFSA), the Virtual Assets Regulatory Authority (VARA), and Abu Dhabi Global Market (ADGM) - have introduced frameworks to support financial innovation while maintaining oversight.
Programmes such as Fintech Hive at the Dubai International Financial Centre (DIFC) and ADGM’s Regulatory Laboratory (RegLab) have played a central role in attracting early-stage startups and encouraging experimentation within a controlled environment.
The payments sector in particular is seeing notable growth. According to Boston Consulting Group, payment revenues in the UAE are expected to reach USD 27.3 billion by 2028, with transaction volumes rising by 78 per cent; outpacing the global average of five per cent. Investment activity is also picking up; this week, MENAP-focused fintech Abhi UAE secured USD 15 million in debt financing from Shorooq Partners and Amplify.
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