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POST COVID FINTECH OPPORTUNITIES IN SAUDI ARABIA
Sulaimani, Lujain
Sulaimani, Lujain
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Abstract
This research investigates the role of fintech in the economic transition of Saudi Arabia in the post-COVID-19 era through the mixed-methods research approach. Through data triangulation, such as online surveys and secondary data analysis, it gives detailed information about the fintech dynamics, trends, and issues in the Saudi financial sector. The research concluded that fintech has numerous followers among working professionals with the growth in the use of fintech being a result of factors like remote work and contactless transactions. The analysis brings to light the threats and opportunities in cybersecurity, infrastructure, financial literacy, and interoperability. Actions that should be taken are the improvement of cybersecurity, financial literacy, and interoperability. To sum up, the research underlines the prospect of fintech to boost the economy and progress of the nation in Saudi Arabia, showing the need for joint efforts and foresight in the strategy of fintech exploitation.