Oman’s fintech sector is on track to reach $2.8 billion (RO 1.1 billion) by the end of 2025, reflecting a robust 16% compound annual growth rate (CAGR). This surge underscores the country’s rapid digital transformation under the Central Bank of Oman’s (CBO) progressive regulatory agenda and innovation-friendly policies.
The number of active fintech firms has grown from 26 to 42 within a year, with 16 new licences issued and 52 applications under review. The CBO’s Innovation Acceleration Programme and live regulatory sandbox are key drivers of this momentum, providing global fintech players a platform to pilot technologies and attract foreign direct investment (FDI).
Sector activity is heavily concentrated in digital infrastructure and consumer access, with payments accounting for 22% of firms, followed by personal finance, PoS solutions, trading, and crowdfunding—each comprising 19% of the ecosystem.
Complementing these regulatory advances, Oman introduced a digital-bank licensing roadmap featuring progressive entry tiers based on capital and localisation commitments, while the national AI policy, launched in April 2025, aligns fintech innovation with GCC ethical standards and Oman Vision 2040.
The government has also committed RO 25 million through the Inma fund to support SME-led innovation, as adoption accelerates—OmanNet recorded 14.5 million digital transactions in Q1 2025 alone. Ranked fourth globally among developing economies for ICT-related FDI, Oman is rapidly emerging as a regional fintech hub built on innovation, regulation, and inclusive growth.
