Geidea launches training program for women in FinTech in Saudi Arabia

By Gloria Methri

Geidea is launching an open training program in collaboration with the London Institute of Banking & Finance (LIBF) to support women in FinTech in Saudi Arabia.

The six-week part-time course begins in February 2023 and is open to women working in technology, FinTech or financial services. Graduates will receive a Certified FinTech Practitioner (CFP) qualification.

The program covers key topics including how FinTech affects business models across banking and finance, different strategies for growth, and how risk and regulation affect FinTech development worldwide. Attendees will also learn about the latest technologies and their impact on product design and distribution.

Renier Lemmens, CEO of Geidea said: “By giving women in Saudi Arabia access to training and development, GeideAct delivers a more inclusive and diverse Saudi FinTech talent bank. GeideAct is all about accelerated learning and as the largest FinTech in Saudi Arabia, we give back to a huge pool of young talent to help them become future leaders.”

The CFP program is for early- to mid-career professionals and involves twice-weekly 45-minute sessions for six weeks, allowing working professionals to fit their studies around their schedules.

Lemmens continued, “We see the CFP qualification from LIBF as the first of many GeideAct programs. The program enables women to participate in the growth opportunities that the FinTech sector offers. We are launching the GeideAct program in Saudi Arabia, and plan to introduce the initiative across all markets in which we operate.”

Kareem Refaay, Managing Director of GCC & MENA at the London Institute of Banking & Finance said: “LIBF is delighted to partner with Geidea by leveraging over 140 years of excellence in the banking and finance industry. Through collaboration on the Certified FinTech Practitioner qualification and delivery of world-class faculty expertise, we look forward to advancing female professional development in Saudi Arabia’s FinTech Sector.”