Arab Bank concludes the second edition of its Fintech bootcamp for entrepreneurs in Egypt

Arab Bank concludes the second edition of its Fintech bootcamp for entrepreneurs in Egypt

Cairo, Egypt: Arab Bank recently launched the second edition of its FinTech Bootcamp for entrepreneurs in Egypt, following the success of its first edition last year.

The launch of the second edition, organized by “AB Accelerator” in Egypt, comes as part of the bank’s strategic efforts to foster and support innovation in the FinTech sector towards offering responsive and agile banking solutions in line with the evolving needs and expectations of customers across different segments.

Participating startups enrolled in an intensive one-week bootcamp that took place between the 18th and the 22nd of September, 2022, through which they were able to develop their ideas and refine their skills by testing their proposed solutions and validating their relevance and feasibility in the market. The bootcamp workshops were led by entrepreneurs, investors, experts from the FinTech industry as well as veteran bankers at Arab Bank Egypt, ensuring delivering the relevant experience and knowledge to the participants.

The bootcamp concluded with a demo day where startups pitched their solutions to a panel of judges comprised of Arab Bank senior management in addition to independent investors. Three winners were selected and received cash rewards to continue developing their ideas and building their solutions. “Haktiv” received the first-place