Top 11 Fintechs in the Middle East and Cyprus Named in Deloitte Fast 50
Deloitte Middle East has unveiled the fifth edition of its Technology Fast 50 programme, highlighting high-growth technology companies across the Middle East and Cyprus. The ranking recognises firms that have demonstrated strong revenue growth over a four-year period and meet the programme’s eligibility criteria, including having been founded before January 1, 2021.
According to Deloitte, participating companies must also have reported at least US$50,000 in annual revenue in 2019 and US$250,000 in 2024. The programme ranks businesses based on four-year revenue growth, with the latest edition featuring 11 fintech companies among its winners.
Fintech winners in the 2026 Deloitte Fast 50
The fintech firms included in this year’s list represent a broad mix of business models across payments, digital banking, regtech, crypto infrastructure, wealth management and consumer finance. The 11 winners are:
FundedNext (UAE) – A global proprietary trading firm focused on building a unified trading ecosystem for traders worldwide.
Sarwa (UAE) – An investing and personal finance platform designed to help users put their money to work.
Arib (Saudi Arabia) – A licensed digital finance brokerage that connects individuals and businesses with financing offers through a secure platform.
Finery Markets (Cyprus) – A non-custodial crypto ECN that links users to global liquidity providers and OTC desks through a single API and GUI.
AMLex Solutions Ltd (Cyprus) – A regtech software provider focused on simplifying anti-money laundering compliance.
Valu (Egypt) – A financial services provider serving both consumers and businesses.
Whish Money (Lebanon) – A money transfer company established in 2019.
Zension Technologies (Saudi Arabia) – A company working on circularity in the mobile device industry and promoting circular purchasing models for consumers.
Dinarak (Jordan) – A mobile wallet and financial services provider.
eBOS Technologies (Cyprus) – An information technology company offering regtech solutions through its WiseBOS Suite platform.
Codebase Technologies (UAE) – A digital banking platform provider and transformation partner that helps banks and financial institutions design, launch and scale modern financial services.
Deloitte highlights regional momentum
Mutasem Dajani, CEO of Deloitte Middle East, said the fifth edition of the Technology Fast 50 is more than a growth ranking. He described it as a celebration of the stories behind that growth, adding that the programme reflects the strength, diversity and ambition of the regional ecosystem. He also said it reinforces the Middle East’s increasing role as a hub for innovation and entrepreneurship.
Industry Analysis
The latest Fast 50 results underline the continued expansion of fintech activity across the Middle East and Cyprus. The presence of companies spanning digital banking, regtech, crypto infrastructure and mobile wallets suggests that the region’s fintech market is becoming more diversified and more mature. For banks, investors and technology partners, the ranking points to a competitive ecosystem where growth is being driven by both consumer-focused platforms and infrastructure providers. It also highlights Cyprus’s role as a growing base for fintech and regtech firms serving wider international markets.
