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

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

Updated: 10 Sept 2026 • 10:10 am

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

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.