11 Startups Graduate Startupbootcamp Fintech Dubai’s 3rd Cohort

11 Startups Graduate Startupbootcamp Fintech Dubai’s 3rd Cohort

by 4. March 2021

Startupbootcamp Fintech Dubai’s industry focused accelerator programme has concluded with 11 startups graduating from its third cohort.

Startupbootcamp Fintech Dubai was launched in 2018 in partnership with Dubai International Financial Centre’s Fintech Hive (DIFC), Visa, Mashreq bank and HSBC.

To date, more than 30 fintech startups in the fields of payments, lending and Islamic digital banking across three cohorts have graduated from the programme.

The Demo Day was exclusively live-streamed from the recently launched PwC Experience Center located in Dubai.

The Demo Day concludes an annual intensive three-month growth programme to support the business growth of the participating startups and prepare them for operations and future scaling.

The 11 startups graduating from the programme have benefitted from mentorship and access to comprehensive resources, enabling them to secure proof-of-concepts to validate their business models.

Mohamad Sabouneh, the Managing Director of Startupbootcamp FinTech Dubai

Mohamad Sabouneh

Mohamad Sabouneh, the Managing Director of Startupbootcamp Fintech Dubai commented:

“Over the past 12 weeks the startups have perfected their business models, implemented new go-to market strategies, streamlined the operations, among many other growth areas.

 

I’m confident in their continuous success and we, at Startupbootcamp Fintech Dubai, are very excited for the journey ahead for this cohort.”

The 11 startups include:

Absolute Collateral (UK)

Absolute Collateral

A securitised trading platform for financial institutions.

Aura Technologies (UAE)

Aura Technologies Ltd

An enabler for non-insurance businesses to distribute insurance to their customers.

Compliance as a Service (UK)

Compliance as a Service

A regtech firm providing compliance management software to fintechs and challenger banks.

Finllect (UAE)

finllectAfinancial wellness app for Gen Zs to build credit, automate their finances, and prequalify for financial products.

Flaist (USA)

Flaist, Inc

A digital toolkit of APIs and SDKs fast tracking banks and digital institution’s digital experience.

Kilde (Singapore)

Kilde Financial TechnologiesA regulated private debt investment platform raising debt capital for digital lenders from investors.

Open CBS (Hong Kong)

OpenCBSAn agile cloud-based core banking system for financial institutions.

Raseed (USA)

Raseed

An investment platform that makes it easy and simple for millennials in GCC to buy and sell shares in US stock markets.

Singular Capital (Malaysia)

Singular CapitalAn active investment management app that’s looking to give users superior market returns.

Stornest (UAE)

Stornest

A digital legacy planning tool designed to share information with your loved ones that you would like to keep private while you are alive.

Tajjir (Jordan)

TajjirA white labelled online trading application that helps stock brokers increase trade volume.

 

Featured image credit: Startupbootcamp

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