Kuwait’s Boubyan Bank launches DIFC-backed start-up accelerator – The National

Kuwait’s Boubyan Bank launches DIFC-backed start-up accelerator – The National

Kuwait-based Islamic lender Boubyan Bank and the Dubai International Financial Centre's FinTech Hive launched a new accelerator programme that will support the development of start-up companies in the Gulf state and the wider region.

The Boubyan Accelerator Programme selected 10 start-ups from Kuwait, the UAE and Saudi Arabia to take part in the "intensified" initiative that will help them launch their projects, the bank on Wednesday.

The companies were selected from 250 applicants, and are involved in verticals such as financial technology, e-commerce and education technology.