Riyadh – September 15, 2025
Saudi Arabia’s Minister of Finance and Chairman of the Financial Sector Development Program Committee, Mohammed Al-Jadaan, inaugurated the Money20/20 Middle East conference in Riyadh today, with the participation of senior officials, policymakers, and investors from around the world.
In his keynote speech, Al-Jadaan welcomed attendees and highlighted the importance of hosting the event in Riyadh, describing it as a reflection of the Kingdom’s commitment to innovation, entrepreneurship, and shaping the future of the global financial sector. He noted that the conference brings together leaders managing assets worth over $7 trillion to discuss building a more prosperous, inclusive, and secure financial future.
Al-Jadaan emphasized that despite global challenges—such as slower economic growth, rising capital costs, and geopolitical tensions—Saudi Arabia continues to play a leading role in offering solutions. He outlined opportunities created by the digital revolution, artificial intelligence, and emerging investment sectors.
He also reviewed key achievements under Saudi Vision 2030, including:
- Saudi capital market becoming the world’s fastest-growing, valued at $2.4 trillion by Q2 2025.
- Digital payments rising from 18% in 2016 to 79% by end of 2024.
- The number of fintech companies increasing to 280 by mid-2025, up from fewer than 20 less than a decade ago.
- The insurance sector growing by 16.3% in 2024.
- The launch of the Kingdom’s first local securitization program for housing finance.
He stressed that the Kingdom’s youth—over 70% under the age of 35—are the driving force behind Vision 2030 and the source of innovation shaping the future of finance and business.
Running from September 15–17, 2025, Money20/20 Middle East hosts more than 350 speakers, 450 brands, and 600 investors from 40+ countries, organized by Fintech Saudi in partnership with Tahaluf. The agenda includes sessions on artificial intelligence in financial services, open finance, instant payments, data governance, and investor-startup engagement platforms.
