The 1864 Accelerator constitutes the first local financial technology focused (FinTech) startup accelerator program of its kind in Egypt. Powered by Flat6Labs in partnership with Barclays Bank Egypt, the accelerator is a solid platform for fostering the (FinTech) innovation space in Egypt through enabling entrepreneurs to transform their disruptive ideas into commercially viable solutions.
The highly competitive program places emphasis on financial technology and disruptive solutions, giving a selected group of innovative startup companies the full access to both Barclays and Flat6Labs’ expansive and far-reaching partnership networks. To encourage the community to come up with new ideas, Flat6Labs will be hosting several activities prior to the program, such as; themed ideation sessions, a FinTech Hackathon, business focused bootcamp and workshops. Flat6Labs will provide entrepreneurs with seed funding, strategic mentorship, office space, a multitude of perks and services from partners, and entrepreneurship-focused business training and development workshops, all engineered to prepare companies to be investment-ready within 14 weeks.
The 1864 Accelerator is poised to create the next wave of Fintech entrepreneurs developing disruptive innovative solutions and applications, becoming a one-of-a-kind localized program harnessing & scaling financial innovation; effectively and swiftly contributing to fintech industry development in Egypt and the MENA region.
The program welcomes ideas and startups across all business areas related to financial services, including but not limited to; payments, digital banking solutions, banking relationships, machine learning, lending, trading, cyber security, data analytics, payments, cryptocurrency, insurance, wealth management, asset management, and capital markets.
The name “1864 Accelerator” signifies a combination of a unique legacy and a promising future. “1864” represents the year when the bank first started operating the Egyptian market. It has been committed to providing world-class financial services more than 150 years. With a longstanding history in Egypt, the bank remains committed to contributing to the positive development of the market.
Funds up to E£150K
Funds20 startupsper year
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