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‘Qatar’s fintech landscape, magnet for global investors’

Published: 26 Nov 2023 - 09:10 am | Last Updated: 26 Nov 2023 - 09:12 am

qatar fintech raises funds through Licorne Gulf
From left to right: Co-founder of Licorne Gulf Alexandre Katrangi with Co-founder & President of Licorne Gulf Irina Duisimbekova and CEO and co-founder of Spendwisor Safarudheen Farook.

Doha, Qatar: Qatar is gradually emerging as a focal point for the global fintech community, drawing considerable attention from investors seeking to capitalize on the region’s burgeoning financial technology sector, Alexandre Katrangi, Co-Founder of Licorne Gulf, a global company dedicated to helping visionary entrepreneurs and ambitious businesses achieve their growth potential by providing expert consulting services in capital raising and business growth, has said.

According to him, Qatar’s fintech potential is bolstered by its advantageous geographical location, strong infrastructure, and progressive initiatives. These factors have made the country an appealing destination for investment and innovation in the fintech industry.

“Qatar’s dedication to expanding its economy beyond oil and gas has created an atmosphere that promotes technological advancement, especially in the financial services industry.

The country’s Vision 2030, a comprehensive development strategy, highlights the significance of cultivating a knowledge-driven economy, which in turn supports the growth of sectors like fintech,” Katrangi told The Peninsula.

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