Qatar Taking Major Steps to Position Itself as a Global FinTech Hub

The creation of the Qatar FinTech Hub (QFTH) is seen as a significant step towards the country’s aim to becoming a global fintech hub. This is a part of Qatar Central Bank’s (QCB) National FinTech Strategy targeted at promoting local start-ups and also creating an enabling environment suitable for international FinTechs to select Qatar as their entry point into the global market.

Why it Matters?

Established by Qatar Development Bank in line with QCB’s FinTech Strategy and the Qatar National Vision 2030, the QFTH focuses on enhancing Qatar’s success within the financial sector and supporting the country’s role in financial innovation. Of the many factors that would enable the growth of FinTech in the country, the most impor...