NATIONAL FINTECH STRATEGY
THE PULSE OF OMANS' DIGITAL ECONOMY
A strategic national gateway unifying regulators, innovators, and banking institutions to build a globally competitive fintech ecosystem.
Oman National Fintech Strategy
A forward-looking plan to foster innovation, enhance financial inclusion, and strengthen the digital economy. Aligning with Oman Vision 2040 to establish the Sultanate as a leading regional fintech hub.
Cashless economy
Digital Payments Growth
Network Readiness
STEM Talent Pool
Investment landscape
The Central Bank of Oman has established a comprehensive framework for digital payments, creating opportunities for PSPs, digital wallets, and payment gateways. With 94% mobile penetration, the market is primed for contactless and mobile payment solutions.
Insurtech & Wealth Management
Oman's insurance sector is undergoing digital transformation, with new regulations supporting electronic insurance platforms. Simultaneously, the wealth management sector is opening up to robo-advisory and digital asset management solutions.
Insurtech & Wealth Management
Oman's insurance sector is undergoing digital transformation, with new regulations supporting electronic insurance platforms. Simultaneously, the wealth management sector is opening up to robo-advisory and digital asset management solutions.
25 +
New Licenses Issued
12 %
Insurance Growth
Aligned with Oman Vision 2040 to diversify the economy and build a knowledge-based society.
Our Mission
To enable financial innovation through progressive regulation, infrastructure development, and talent cultivation, fostering inclusive economic growth for all citizens and residents of the Sultanate.
Our Vision
To position Oman as the leading regional hub for fintech innovation, driving the digital transformation of the financial sector and significantly contributing to the diversification of the national economy.
Oman Fintech National Strategy Pillars
Innovation Hub
Supporting Increase investment in fintech by encouraging public–private collaboration, developing fintech-specific funding mechanisms, and supporting early-stage fintech startups to drive growth and innovation.
Regulatory Framework
Developing encourage innovation while ensuring strong consumer protection and maintaining financial stability.
Talent Development
Upskilling the national workforce with specialized fintech, coding, and digital financial literacy skills.
Digital Infrastructure
The strategy aims to expand access to digital financial services, boost financial literacy for digital payments, and build public trust in fintech services.
Global Connectivity
Building bridges with international markets to facilitate cross-border trade and investment flows.
Application Forms
Ready to establish your fintech presence in Oman? Submit your application through our streamlined digital process.
Payment Services Provider
Apply for a PSP license to offer payment processing, digital wallets, or merchant acquiring services in Oman.
Submit ApplicationOpen Banking
Register as an Open Banking provider to access financial data APIs and build innovative financial services.
Submit ApplicationDigital Bank
Apply for a digital banking license to operate a fully online bank with comprehensive financial services.
Submit ApplicationFintech Regulatory Sandbox
Test innovative fintech solutions in a controlled environment with regulatory support and guidance.
Submit Application