Riyadh: As part of its ongoing commitment to supporting Saudi Arabia’s fintech industry, Fintech Saudi is launching Fintech Accelerator, a unique innovation, and entrepreneurship program.
Powered by Flat6labs, this intensive 3-month program brings together Fintech Saudi’s market reach and Flat6Labs’ resources to provide up to ten fintech with the best practices, resources, and tools they need to develop and scale their solution-driven businesses.
With the launch of the Fintech Accelerator program, Fintech Saudi aims to empower highly innovative entrepreneurs who display massive potential within the local fintech industry. The program will offer fintechs exposure to investors and provide them with mentorship and coaching from renowned professionals with an array of skill sets. Fintechs will also be given the chance to enhance their pitching skills and showcase their solutions at regional and global events.
“The Fintech Accelerator is an important milestone for Fintech Saudi. Over the last year, we have seen a threefold increase in the number of fintech companies operating in Saudi Arabia and we want this trend to continue and contribute to the goals of Saudi Vision 2030. We are therefore delighted to collaborate with Flat6Labs to launch the Fintech Accelerator program that will provide entrepreneurs with the key skills, support, and access they need to grow their fintech business in the Kingdom,” said Nejoud Al Mulaik, Director of Fintech Saudi.
“We’re very excited to be launching the Fintech Accelerator program with Fintech Saudi. With the huge shift in market trends towards fintech solutions and cashless financial systems, we can clearly see the opportunity for Saudi entrepreneurs to innovate, create, and lead the market towards innovative and unexplored solutions. Our collaboration with Fintech Saudi will enable us to create the perfect environment to foster fintech companies and accelerate their growth,” said Ramez El-Serafy, CEO of Flat6Labs.
