In Iraq’s dynamic fintech sphere, digital transformation surged post-COVID, bolstered by the Central Bank’s support and the rise of pioneers like NEO, Switch, and QI Card. The revenue generated by POS transactions increased from $630 Million to $1.18 Billion from 2019-2020, which is a significant leap. With traditional banks upgrading digitally and mobile money gaining traction, Iraq stands ripe for fintech innovation. Dastak bridges gaps, offering crucial insights into regulations and technological advancements, enabling startups and MSMEs to flourish in this vibrant landscape.
