QFTH ends second wave of incubator and accelerator with demo day

13/07/21

Qatar FinTech Hub (QFTH) recently held the virtual Demo Day for the second wave of the incubator and accelerator program.

The major FinTech event hosted key players from Qatar’s ecosystem as well as international investors and entrepreneurs, other FinTech hubs and FinTech enthusiasts.

Under the theme “Emerging Technologies”, the second wave received over 550 applications from over 55 countries including the United States, United Kingdom, Hong Kong, Singapore, Nigeria, Russia, Turkey and India.

The applicants represented a wide variety of solutions and took part in over 350 business development sessions. In addition, they completed a series of masterclasses with leading experts and specialists from around the world and the partners of QFTH.

Eleven early-stage start-ups completed the incubator program. They included Snoonu, Karty, Cammillion, ePaysa, Digitalistic, Akillifon, Change, Kwidex, Nu Credits, Bondsmart and Finstant.

Eleven later-stage scale-ups completed the accelerator program. They included Prive T, Active.AI, Finchat, eBaoTech, SafexPay, Twyla Technology, FinChatBot, Cargon, Invest Suite, Elite Capital and Revix.

QFTH is currently preparing for a third wave of the incubator and accelerator program which will focus on “Embedded Finance and TechFin”. The program will run from October to December 2021 and FinTechs with innovative solutions can apply online until the end of July.

QFTH was established by Qatar Development Bank (QDB) and the key stakeholders in the country in line with the Qatar National Vision (QNV) 2030 and Qatar Central Bank’s (QCB) FinTech Strategy to advance and enhance financial innovation.

As part of its commitment to offer world-class expertise to start-ups and scale-ups, QFTH is collaborating and cooperating with the key stakeholders in the FinTech ecosystem and very large private organizations such as Microsoft, Amazon, Progress Soft, Vodafone and Global Positioning System.

Please click on the link to learn more about the programs of the Qatar Fin Tech Hub and the developments in the FinTech ecosystem in the State of Qatar as well as the initiatives of Business Start Up Qatar.

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