Qatar FinTech Hub announces Wave 2 of Its flagship incubator and accelerator programs
Thursday, 04 01 2021, Category: Technology, Country: Qatar
Qatar FinTech Hub (QFTH), co-founded by Qatar Development Bank (QDB) and established to support the growth of the FinTech industry in Qatar, has announced the final list of successful FinTechs to join Wave 2 of its Incubator and Accelerator Programs. Both Programs started on 24 March and will run until June 2021.
QFTH received more than 500 applications from early stage and mature FinTechs from over 58 countries, including USA, India, Singapore, Nigeria, Russia, Hong Kong, UK, Turkey, and Qatar.
The applications went through a rigorous and multilevel evaluation process, where over 40 FinTechs were shortlisted to present their solutions via virtual pitch days judged by a panel of representatives from QFTH stakeholders and strategic partners. Out of the 40 Fintechs, the top 22 were selected and invited to participate in the Incubator and Accelerator Programs. Selected FinTechs covered a variety of technology solutions such as AI, ML, Blockchain, RPA, NFC, NLP, OCR and other FinTech solutions.
Eleven early stage FinTechs were also selected to join Wave 2 of the Incubator Program including Snoonu Trading and Services as well as Karty from Qatar, Cammillion from Singapore, ePaysa from India, Digitalistic from Bangladesh, Akillifon from Turkey, CHANGE COM from Jordan, Kwidex from Ghana, Nu Credits as well as Bondsmart and Finstant from the UK.