Startupbootcamp FinTech Dubai second cohort raises $2.8m – Saudi Gazette

  • Date: 23-Apr-2020
  • Source: Saudi Gazette
  • Sector:Technology
  • Country:UAE
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Startupbootcamp FinTech Dubai second cohort raises $2.8m – Saudi Gazette

The program has proven to be outstanding for partner engagement, generating the highest number of Proof of Concepts (PoCs) ever, increasing from nine PoCs in 2019 to more than 40 this year.. About 90 per cent of the start-ups are currently scaling their solutions in the UAE from Dubai within various sectors such as digital lending, banking, payments and credit decisioning, thanks to Dubai International Financial Centre (DIFC), VISA, Mashreq & HSBC.The Startupbootcamp FinTech Dubai accelerator program launched its first cohort in 2018.. Over the last three years, FinTech has become a rapidly growing focus, supporting Dubai's position as the leading global financial hub in the. The second cohort's achievements reflect our unrivalled focus on driving the future of finance, providing the ideal growth platform for entrepreneurs, start-ups, and venture capital firms to unlock opportunities to scale up in the region.". Speaking of his experience with Startupbootcamp Dubai Fintech Accelerator, Sujoy, co-founder of Datacltr, said: "From connections to founders, mentors, investors to invaluable advice from the partners, the experience has been full of focus and learning..