Why Gulf and Middle East Fintech Startups Are Choosing India-Based Software Development Companies
Dubai. Riyadh. Abu Dhabi. Doha. Over the last few years, these cities have sort of turned into genuine fintech hotspots. New digital banks are launching, payment apps are multiplying, and government backed innovation programs like Dubai's DIFC FinTech Hive and Saudi Arabia's Fintech Saudi are basically pouring momentum into the region's startup scene. But there’s also this part that, somehow, does not get talked about enough, a big chunk of the software powering the whole Gulf fintech success stories is being built thousands of miles away in India. At Step2gen Technologies, we’ve watched this shift kind of happen up close, because more and more of our clients now arrive straight from the Gulf, and the wider Middle East too. So let's just talk for a moment about why this is taking place, and also why it seems pretty likely to keep growing. The Region Is Moving Fast, and Local Talent Cannot Keep Up Alone Here’s the honest starting point, a kind of Gulf region ambition i...