SANDBOX Business Incubator at Medalah Foundation organized a qualitative workshop on FinTech presented by Mr. Ahmed Olayah. The workshop aimed to shed light on the importance of this growing sector and its role as a cornerstone for technology and business sectors for startups.

Workshop Content:

Mr. Ahmed Olayah discussed in detail the importance of FinTech, explaining its role in promoting innovation and developing new financial solutions that meet the needs of the current era. He also reviewed a number of successful models in the field of FinTech in the region, highlighting the key challenges facing this sector in Yemen and the promising opportunities available for development and growth.

Key Points:

• Mr. Olayah stressed the importance of FinTech as a major driver of innovation and economic growth in Yemen.
• The spotlight was shone on many successful models in the field of FinTech in the Arab region, which can be a source of inspiration for startups in Yemen.
• Workshop participants discussed the key challenges facing the FinTech sector in Yemen, including lack of funding and awareness, and the complex regulatory environment.
• The importance of supporting startups in the FinTech sector was emphasized through the provision of incubation programs, guidance, and financial support.

Expected Impact:

This workshop aims to raise awareness about the importance of FinTech and its role in supporting startups and promoting innovation in Yemen. It also aims to encourage entrepreneurs to explore investment opportunities in the FinTech sector and contribute to the development of this promising sector.