Software Development Blog (3)

Saudi Arabia, like the entire GCC region, is currently experiencing a rise in business applications. Mobile solutions of all kinds are particularly popular. Their role is not only limited to the development of existing services, but primarily to market expansion. They are intended to enable companies to have an attractive space to do business based on modern technologies. Growing interest translates directly into more users. This phenomenon wants to take advantage of companies from various industries, who are adjusting their communication language and preparing dedicated products and services for this purpose.

In this article, I will try to give an insight into the conditions of entrepreneurs operating in Saudi Arabia and how the trend of mobile application development translates into business in the region.

As we know very well, modern finance is almost nothing like the realities known just a few decades ago. All this is due to the great development of services with the support of modern technologies. The traditional circulation of money in the form of cash is slowly being replaced by digital transactions.

The turn of 2019 and 2020 was the beginning of a new reality for the whole world. All thanks to the hitherto unknown COVID-19 virus, which turned into a worldwide pandemic. Millions of sick people and high contagiousness meant that the realities we had known so far needed to be reevaluated. Not only made social life change, but also the operations of many businesses. The coronavirus left its mark on many industries, while posing quite a challenge. The FinTech business also needed to adapt to the new rules. In this article, I will try to outline exactly what has changed in the industry since 2020, and how FinTech companies now look.