Oman’s fintech sector has grown to 42 companies, up from 26 a year earlier, as the sultanate expands digital payments, regulatory frameworks and financial infrastructure.
According to the sector data cited by Jawlah, the Central Bank of Oman approved 16 new fintech licenses in 2025, while 52 additional applications remained under review. The market was estimated at OMR1.1 billion, or about $2.8B, at the end of 2025, with a compound annual growth rate of 16%.
Payments account for the largest share of fintech activity at 22% of companies. Personal finance, digital payments and point-of-sale solutions, trading, and crowdfunding each represent about 19%.
Digital usage is also accelerating. The value of transactions through Oman’s local electronic payment gateway reached OMR3.2 billion in 2025, up 76.3% year on year, while transaction volumes rose from 67 million to more than 168 million. Point-of-sale transactions exceeded OMR7.5 billion.
The Central Bank of Oman and the Financial Services Authority are developing regulatory testing environments, while the country is also working on a licensing framework for digital banks. Oman’s national fintech strategy focuses on financial inclusion, digital infrastructure, talent, funding and market digitisation, aligning the sector with Oman Vision 2040.
Source: Jawlah
