Naif AbuSaida, CEO and founder of Saudi Arabian fintech firm Hakbah, discusses his background and the motivation behind starting his company in this episode of the Demystify Podcast. AbuSaida initially worked in media and utilities before moving into banking, a career path that was interrupted by a diagnosis of stage three colon cancer. After reflecting on his life during chemotherapy, AbuSaida decided to launch Hakbah with the goal of making a positive impact on society. The fintech focuses on group savings rather than payments or lending. AbuSaida also sheds light on the Saudi approach to fintech and the role of regulators in driving innovation.
Related Posts
YouTube: Raking in Millions with Ads; Climate Misinfo Spreads Unchecked.
- Richard Skip
- January 18, 2024
- 0
TLDR: – YouTube is making millions of dollars from ads on climate denial content. – Climate deniers are spreading misinformation about global warming and climate […]
FinTech Magazine’s Future Forecast: Unlocking Banking’s Potential (9 words)
- Richard Skip
- December 21, 2023
- 0
As we look ahead to 2024, FinTech Magazine has gathered insights and predictions from industry leaders regarding the future of open banking. Here are the […]
Zeal: Egypt’s fintech rising star secures $4M to conquer Europe, MEA.
- Richard Skip
- January 16, 2024
- 0
TLDR: Egyptian fintech startup, Zeal, has raised $4 million in funding to expand its technology throughout Europe, the Middle East, and Africa (EMEA). The funding […]