Pakistan, June 25 -- DUBAI - The UAE's fintech sector is on a rapid upward trajectory, with market value expected to grow from $3.16 billion in 2024 to $5.71 billion by 2029, according to the 2025 report "From Code to Capital: The UAE's FinTech Revolution" by Emirates NBD in collaboration with PwC.

The report, launched at the Dubai Fintech Summit 2025, revealed that fintech startups attracted $265 million in funding last year - nearly one-third of all startup investments in the UAE. This surge underscores the country's rise as a regional fintech powerhouse.

Dubai dominates the sector, housing over 62% of all fintech firms in the country. The city has also emerged as a global fintech hub, recently breaking into the top five cities in the...