India, Saudi Arabia Deepen Fintech Ties With Three-Year Pact for Investment, Startup Expansion

September 10, 2026
Posted by: Harsh Piplani
Category: News

India and Saudi Arabia signed a three-year fintech pact at GFF 2026 to deepen startup and investment cooperation.

Quick Answer

The India Saudi Arabia fintech pact is a three-year Memorandum of Understanding signed between the Internet and Mobile Association of India and Saudi Arabia’s Ministry of Investment at the Global Fintech Fest 2026 in Mumbai. The India Saudi Arabia fintech pact aims to connect fintech companies, startups, investors and financial institutions across both countries through business introductions, investor-startup matchmaking, market-access programmes, delegations and workshops, with cooperation designed to continue beyond individual events through major international fintech platforms.

India and Saudi Arabia have formalised a structured framework to deepen fintech and startup cooperation between their two markets.

Here is what the India Saudi Arabia fintech pact covers and who signed it.

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Who Signed the Agreement

The India Saudi Arabia fintech pact was signed by Dr Abdullah Ali Aldubaikhi, Assistant Minister for Business Development at Saudi Arabia’s Ministry of Investment, and Dr Subho Ray, President of IAMAI, at the Global Fintech Fest 2026 in Mumbai.

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What the Partnership Will Focus On

Under the India Saudi Arabia fintech pact, the two organisations will work to connect fintech companies and startups with investors, financial institutions and other businesses across both countries. Planned activities include curated business introductions, investor-startup matchmaking, market-access initiatives, delegations, roundtables and workshops, with the agreement running for an initial three-year term.

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FAQs

What is the India Saudi Arabia fintech pact?

Ans. It is a three-year Memorandum of Understanding between IAMAI and Saudi Arabia’s Ministry of Investment to deepen fintech and startup cooperation between the two countries.

Where was the India Saudi Arabia fintech pact signed?

Ans. It was signed at the Global Fintech Fest 2026 in Mumbai.

Who signed the agreement on each side?

Ans. Dr Abdullah Ali Aldubaikhi signed for Saudi Arabia’s Ministry of Investment, and Dr Subho Ray signed for IAMAI.

What activities does the pact include?

Ans. Business introductions, investor-startup matchmaking, market-access initiatives, delegations, roundtables and workshops.

How long does the India Saudi Arabia fintech pact run?

Ans. It is structured as an initial three-year framework.

What is the goal of the partnership?

Ans. To identify and enable opportunities for high-potential fintech companies and startups from both India and Saudi Arabia.

Author: Harsh Piplani

I am Harsh Piplani, an Assistant Content Manager with over 5 years of experience in crafting impactful, result-driven content. I hold a B.Com (Hons) degree and have worked across diverse industries, including education, fintech, healthcare, jewellery, and more. I specialise in content strategy, SEO, and optimisation, ensuring that every piece I create is not just well-written but also well-ranked. I believe content should do more than fill space so as to drive traffic, build authority, and support business growth. I enjoy turning complex ideas into clear, engaging narratives, and, as I like to say, I know how to spin words like a web to influence, structured, strategic, and impossible to ignore. For me, great content sits at the intersection of creativity and performance.