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BOOST Initiative

Initiative Success Partner

Fintactics

Fintactics is a Saudi-based venture builder that offers incubator and accelerator programs for the local startups. Moreover, Fintactics targeting tech startups, small, and medium-sized enterprises practice in financial technologies and emerging technologies; also, interested in deep tech and computing, communication technology, and digital innovation. I addition to modern business models that support and develop the entrepreneurial ecosystem in Saudi Arabia. Fintactics providing the necessary support for the startups in the founding phase, and next to the development stage. On the other hand, Fintactics mentoring team will make sure that each startups and there team on the right path to success. Therefore, we builds high-quality entrepreneurial entities for the Saudi market, that are capable of scaling and expanding in the region.

Why us?

What you will get

We participate in co-build from the first stage until the technologies are investable by providing the following:

  • Providing working spaces
  • Providing tech development (co-build) solutions
  • Training and developing (mentoring)
  • Talent attracting and equalization and match entrepreneurs who has intreset in the same solutions
  • Providing the basic administrative services for entrepreneurs and startup companies
  • Creating an ecosystem that empowers technical entrepreneurs

OUR VALUE PROPOSITION

  • Providing accelerators and incubator programs specialized in financial technology, which will empower the entrepreneur to become more knowledgeable and gain technical experience
  • Providing mentors to support the entrepreneurs, where we aim to cover the gaps and technical needs for their startups.
  • Providing financial support and working spaces for entrepreneurs, in addition to the mentoring that saves effort and time for emerging entrepreneurs in the initial project stages.

Eligibility Criteria

  • The participant must own an official commercial facility registered in Saudi Arabia (a Saudi commercial register is required to be opened during the program for non-Saudi companies)
  • The applicant must be Saudi and at least 18 years old
  • The applicant must provide or seek to provide technical solutions
  • The applicant must be at least at the minimum viable product stage
  • Commitment to devote part-time at the beginning, and full time in the future to Fintactics programs and attend it fully online and onsite.
  • The applicant must be the owner of the company, a partner, or both.
  • The entrepreneur must be at the “ Pre Restricted -seed, Seed, MVP” stage or higher.
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