Qatar Fintech Hub all set to host ‘Wave 3 Demo Day’ on Feb 14th

By Amirtha P S, Desk Reporter
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Qatar Fintech Hub (QFTH), founded by Qatar Development Bank (QDB) to support the growth of the fintech sector in the country, is set to host the ‘Wave 3 Demo Day’ for its flagship incubator and accelerator programs virtually on February 14th.

The Wave 3 of the QFTH demo day, one of the major fintech events in the region, will host key players from the local and regional financial services ecosystem, as well as investors, global startups, international fintech hubs, aspiring entrepreneurs, and fintech enthusiasts.

Under the theme ‘Embedded Fintech for Techfin’, the accelerator program has witnessed great success with over 500 applications from early-stage startups and mature fintechs. The incubator and accelerator programs have attracted fintech entrepreneurs and startups from more than 50 countries across the world.

Abdulrahman Hesham Al Sowaidi
Abdulrahman Hesham Al Sowaidi
Acting CEO – QDB

“Numerous companies, especially tech ones, are shifting towards offering financial services through their platforms as a way to keep their customers within their ecosystem for the longest intervals. Therefore, finding solutions that can easily integrate with existing services and systems is a growing need. This wave focused on innovations that can support companies on that front.”

The early-stage and mature fintechs that have been selected from the application pool to present their innovative solutions on QFTH’s 3rd demo day are ToneTag, T2meen, GFI Fintech, Restock.id, Whrrl, Open CBS, Infrabase, NeuXP, Netdollar, AIOTF, Loopay, VoicePay, S-Treasury, Alwasia, QatarCrowd, and Tiptiptop.

Participants took part in more than 300 business development sessions with 15 financial institutions, completing a series of masterclasses and fintech boot camps conducted by QFTH partners and renowned speakers globally.

Applications are now open for Wave 4 of the QFTH incubator and accelerator programs, which will focus on ‘next-gen banking’. Fintechs with innovative solutions in this domain can apply for the program through QFTH’s website.

Related: Saudi Infrastructure Expo to convene in Sep with leading industry players

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