Explore the Fast Company Middle East’s Most Innovative Companies 2024 list, featuring 55 winning entries reshaping businesses and industries. We’ve selected the companies making the most significant impact with their initiatives across 27 categories, including the most innovative design, sustainability and cleantech, manufacturing, real estate, and retail companies.

Money is moving faster, smarter, and more securely than ever. Fintech is breaking down barriers, from blockchain to digital wallets, creating new ways to invest, pay, and manage wealth. It’s a revolution in how we handle our finances—more agile, accessible, and full of potential.

Beehive

For linking SMEs and investors to facilitate growth funding.

Beehive has achieved significant milestones in expanding access to funding for small businesses. The company connects businesses with a marketplace of investors, enabling quick financing. It facilitated funding for 1,600 SMEs, supported by its network of 15,000 investors. A major step forward was the acquisition of a majority stake by e& enterprise, enhancing Beehive’s growth potential. Additionally, Beehive formed strategic partnerships with leading financial institutions like ADCB, Emirates Development Bank, and Ahli Bank, further solidifying its position in the market.

Binance

For leading digital asset growth and security

Binance surpassed 200 million global users; institutional registrations grew by 36%, and Binance Academy reached 43.6 million learners. Additionally, 62,800 law enforcement requests were processed, aiding criminal investigations. SAFU assets were moved to USDC, ensuring transparency and stability. It prevented $2.4 billion in potential losses in 2024. Binance continues to lead innovation by offering top-tier security and regulatory compliance across jurisdictions. Emphasis on sustainability includes blockchain’s role in advancing energy-efficient solutions.

Foodics

For revolutionizing the restaurant industry with tech

Foodics has enhanced its position as a leading cloud-based restaurant management platform. The company introduced a financial management suite to help restaurants manage cash flow and growth. Its unique offerings streamline restaurant operations, while integrated solutions improve profitability and customer experience. Foodics emphasizes sustainability through partnerships, reducing food waste via its inventory management system, and automating procurement processes, resulting in cost savings and more sustainable restaurant practices.

Valu

For transforming fintech with diverse services

Valu has significantly expanded its financial services, diversifying beyond its initial Buy-Now, Pay-Later (BNPL) offerings to include savings, investments, B2B solutions, and payments. This transformation was underpinned by strategic partnerships across healthcare, real estate, and education industries. Its technological investments, including AI-powered chatbots and machine learning for credit assessments, have enhanced customer experiences, driving higher engagement. With over 6,500 partners, Valu has redefined financial inclusion and market accessibility, continuing its mission to empower consumers and businesses alike.