The Bahrain FinTech Bay (BFB) has announced that it is now accepting new application for FinTech startups, with a minimum viable product, to apply to their upcoming program. The program is open to startup applicants from across the world seeking to expand in the MENA region. Fintech startups invited to participate include those working on Blockchain and Crypto assets solution, Cybersecurity & Data Science, Digital & Open Banking, Financial Health & Inclusion, InsurTech, Payments & Remittances, RegTech and Wealth tech
With regards to the selection criteria placed by Bahrain Fintech Bay, startups have to provide the following:
- A FinTech product/solution that is, at minimum, in developed prototype or in early proof of concept
- Innovative technology with a clear product development and execution roadmap
- Existing business plan and pitch deck
- Strong founder(s) and management team with a balance of technical and business experience
- The startups will need to relocate to the Kingdom of Bahrain for 8 weeks out of the 12
The curriculum will provide early stage startups with the business organizational and planning tools that are needed to scale which include topics ranging from business planning, branding and management and governance as well as much more. Teams will have access to mentors with deep industry and technical knowledge, access to a wide network of potential customers and investors, co-working space, and a robust program designed for early stage startups. For more information and how
Deadlines for applications end on March 31st 2020. Startups can apply through this link https://www.bahrainfintechbay.com/fap
