Financial technology has fast become one of the hottest industries in the Middle East and North Africa (MENA) region, with many governments, investors, accelerators and startups looking into the field to find the next unicorn. This includes the launch of specialised entities to support these fast-growing FinTech companies, like accelerators.
Recently, in Egypt, venture capital firm Pride Capital and international accelerator programme Startupbootcamp, in partnership with key industry giants, including the International Finance Corporation (IFC), Pharos Holding, AlexBank, German Agency for International Cooperation and Sustainable Development (GIZ), Visa, Ayady, Sanad’s Entrepreneurship Academy, and Export Development Bank of Egypt (EBE), have launched their FinTech Cairo accelerator programme, the first FinTech accelerator in the country.
The Startupbootcamp-Pride FinTech Cairo program aims to provide industry expertise, exposure, and access to a network of international mentors and experts, which come from the international network of the founding and supporting parties. The intensive six-month program is currently accelerating eleven FinTech startups, and is looking to accelerate many more over the coming years. Learn more about the newly formed accelerator programme here.