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FinTech Accelerator

What is FinTech Accelerator?

Through the FinTech Accelerator, Monsha'at seeks, in partnership with the National Commercial Bank, to provide an integrated empowerment program for entrepreneurs. It provides a suite of services and resources that work to upskill firms in the space, and help them meet growing demand.

Objectives

Supporting entrepreneurs and startups in the field of financial technology

Increasing the contribution of SMEs to the local economy and GDP

Participating in Vision 2030 by creating digital transformation in the financial sector

Target Groups

Startups in financial technology.

Saudi entrepreneurs in financial technology.

Partners

Access Conditions

The applicant must be aged 18 years or older.

The team must consist of a maximum of 3 people, with a designated team leader.

The application to participate in the accelerator must be accompanied by a national identity.

The applicant must be available for a period of 5 days, in the event that the project is eligible for the training camp.

The applicant must be available for a period of 3 months, in the event that the project is eligible for the accelerator phase.

Candidates must attend in person in the city of Riyadh, where the training camp and the accelerator will be held.

Access Steps

Log on to the Financial Technology Accelerator page.

Enter the registration link.

Fill out the registration form and attach the required documents.

Accelerator Services

Participants

عقاري، آركوم Aqari by Arcom

فنتك هب Fintech Hub

نور المالية Nour Financial

ماركت بيتا Market Beta

إدخارتك SavingsTech

دفتر باي DafatrPay

Videos

FAQs

Yes, non-Saudi companies can participate in the accelerator, provided that there is at least one Saudi founding partner.

The accelerator consists of 4 basic phases:

1. Registration
2. Training camp
3. Accelerator launch
4. Graduation

Yes, the accelerator provides a financing grant for the first 10 companies that reach the phase of the accelerator.

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