Entrepreneurship in FinTech

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Date

2024

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McGraw-Hill Education (UK) Limited

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This textbook is guided by an experiential learning approach that emphasizes learning through practical engagement, and therefore, fostering an engaging and transformative learning experience. This pedagogical approach emphasizes active engagement, reflection, and application of knowledge and skills in real-world contexts. Through concrete experiences, reflective observation, abstract conceptualization, and active experimentation, students develop a deeper understanding of entrepreneurship while honing their practical skills. The recommended book components, case studies, pedagogical boxes, and project activities serve as valuable resources to support and enhance each element of experiential learning, ensuring a comprehensive and impactful learning journey for aspiring entrepreneurs. The rich and relevant examples from the real world are an important feature of this textbook and play a crucial role in driving forward the applied lessons to students. These examples provide real-life context and practical illustrations of entrepreneurial concepts and strategies. By showcasing successful entrepreneurial ventures, challenges faced, and strategies employed, these examples bring the theoretical concepts to life, making them more relatable and actionable for students. Students gain valuable insights and inspiration, enabling them to connect theory to practice, and apply their knowledge effectively in real-world entrepreneurial situations. In a world defined by digital transformation, the role of fintech cannot be overstated. From mobile payment solutions and digital banks to blockchain technology and artificial intelligence–driven risk assessment, fintech has revolutionized the conception and delivery of financial services. The COVID-19 pandemic has only amplified the importance of fintech, as it provides resilience, inclusivity, and accessibility to financial services in challenging times. This textbook serves as an indispensable resource for students and aspiring entrepreneurs to acquaint themselves with the intricacies of entrepreneurship within Saudi Arabia’s fintech landscape. We embark on a journey that not only explores the fascinating world of financial technology but also places it within the dynamic context of Saudi Vision 2030. In the quest for economic diversification and resilience, the Saudi government recognizes the pivotal role played by fintech and the synergy of finance and technology in modernizing and streamlining financial services. Consequently, the Kingdom has positioned itself as a rising player in the global fintech ecosystem. As the Kingdom undergoes unprecedented transformation, fintech emerges as a driving force behind this change, offering opportunities for economic diversification, job creation, and improved financial services for its citizens. The textbook delves into the unique elements that define the Kingdom’s fintech ecosystem, taking into account the regulatory framework, cultural subtleties, and vibrant entrepreneurial spirit that Saudi Arabia aims to foster. The future is undoubtedly digital, and this book serves as a guiding path for entrepreneurial students who wish to navigate the exciting and transformative waters of Saudi Arabia’s fintech landscape.

Keywords

Innovation, Entrepreneurship, Digital Technology

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