MANAMA: Bahrain has been named the fastest growing ecosystem in the Arab world for fintech solution development and roll-out, according to a two-year quantitative study by the Consultative Group to Assist the Poor (CGAP) at the World Bank.
The study surveyed 358 pure fintech solution providers, across 19 countries with active start-up ecosystems in the Arab region, concluding that the GCC led the region in financial inclusion as well as fintech innovation .