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Twelve FinTech companies in the FinTech Accelerator Program have contributed to product strategy and business model outcomes by unveiling solutions backed by months of hard work.Acquire expertise and knowledge from international and national experts in this field
Visitors were welcomed by Elkwise’s affirmation of SAMA and the support of CMA, and were enjoyed by the opening speech of Almubarak.
In it, Almubarak shared that FinTech’s role was to support a wider economy, saying: ); One of the Saudi Vision 2030 programs. “
Elkuwaiz acknowledges a significant number of venture capital investment transactions within Saudi’s fintech industry, with the right regulatory framework and technology “taking the financial services industry to new heights, stimulating investment and boosting economic development. Emphasize ways to “promote and empower entrepreneurs.”
Nether AlheiderDeputy Director of FinTech Saudi Arabia, said the Kingdom has emerged as a hub for innovation and growth in the FinTech industry, with unlimited support from SAMA and CMA.
He emphasized that the program has succeeded in helping entrepreneurs develop innovative fintech solutions faster than other methods, and is the second of 12 fintech companies. Cohort is the first FinTech Accelerator Program in 2021.
During the ceremony Saudi Aramco Entrepreneurship Center (Wa’ed)A support partner for the FinTech Accelerator Program, has become one of three award-winning FinTech startups. Subsidy Each of SAR 50,000 ($ 13,312), and the opportunity to register Of the center Business iPresented incubation program, Guide the company to look for them to raise their venture investment while they grow their business.
The center was established to accelerate the growth of the kingdom’s leading companies by investing in high-growth sectors such as FinTech as a way to support the advancement of the local entrepreneurial ecosystem.
The program’s demo day included an exhibition area for fintech companies that participated in the first and second cohorts of the program.
In the exhibition area, 21 FinTech companies exhibited their products and solutions to investors, banks, potential partners, other key stakeholders in the entrepreneurial ecosystem, and members of the FinTech community. ..
