By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Egypt to issue new bonds for climate, social goals
    Egypt to issue new bonds for climate, social goals
    September 27, 2023
    Saudi Public Investment Fund eyes stake in Palm Hills Development
    Saudi Public Investment Fund eyes stake in Palm Hills Development
    September 27, 2023
    UNDP, MBRF launch online learning initiative for Arab countries
    UNDP, MBRF launch online learning initiative for Arab countries
    September 27, 2023
    Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
    Egypt Post invests in Roaderz platform to enhance e-commerce, delivery services
    September 27, 2023
    GAFI to grant 45 more golden licences to boost investment
    GAFI to grant 45 more golden licences to boost investment
    September 27, 2023
  • Politics
    PoliticsShow More
    Egypt’s Irrigation Minister highlights climate challenges for water sector
    Egypt’s Irrigation Minister highlights climate challenges for water sector
    September 27, 2023
    CCCPA, Senghor University join forces for African peace, development
    CCCPA, Senghor University join forces for African peace, development
    September 27, 2023
    Arab League chief urges more funding, investment for food security
    Arab League chief urges more funding, investment for food security
    September 27, 2023
    Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
    Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia
    September 27, 2023
    vPalestine urges international action to end Israeli occupation, crimes
    Palestine urges international action to end Israeli occupation, crimes
    September 26, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: FinTech Egypt launches FINTEKRS initiative to encourage start-ups, implement innovative financial solutions
Share
Notification
Latest News
Genetically engineering associations between plants and nitrogen-fixing microbes could lessen dependence on synthetic fertilizer
Genetically engineering associations between plants and nitrogen-fixing microbes could lessen dependence on synthetic fertilizer
Science
Earthworms contribute to 6.5% of global grain production, says new research
Earthworms contribute to 6.5% of global grain production, says new research
Science
Researchers build and test a framework for achieving climate resilience across diverse fisheries
Researchers build and test a framework for achieving climate resilience across diverse fisheries
Science
Egypt to issue new bonds for climate, social goals
Egypt to issue new bonds for climate, social goals
Business
Saudi Public Investment Fund eyes stake in Palm Hills Development
Saudi Public Investment Fund eyes stake in Palm Hills Development
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Politics > FinTech Egypt launches FINTEKRS initiative to encourage start-ups, implement innovative financial solutions
Politics

FinTech Egypt launches FINTEKRS initiative to encourage start-ups, implement innovative financial solutions

Hossam Mounir
Last updated: 2022/11/25 at 10:49 AM
By Hossam Mounir 3 Min Read
Share
FinTech Egypt launches FINTEKRS initiative to encourage start-ups, implement innovative financial solutions
SHARE

In line with the Central Bank of Egypt’s (CBE) strides to support and foster entrepreneurship and innovations in fintech, FinTech Egypt launched the FINTEKRS initiative for fintech & fintech-enabled start-ups on Wednesday.

The initiative aims to raise awareness for fintech among entrepreneurs across all Egyptian governorates and to encourage affiliated start-ups to develop and implement practical innovative solutions directed towards the facilitation of banking services and increasing access to financial products.

The FINTEKRS initiative comes in light of the CBE’s Fintech & Innovation Strategy, which aims to transform Egypt into a regional hub for the Arab and African fintech and innovation industry with the active participation of a number of Egyptian operating banks and their subsidiaries in collaboration with PMaestro — the executive partner. The initiative targets providing guidance for entrepreneurs and start-ups functioning in the fintech industry outside Cairo.

The initiative will be implemented over a number of rounds, and its events will comprise several acceleration cycles that incorporate extensive training courses in various tracks for selected fintech/fintech-enabled start-ups, including the Lean Start-up Strategy for business management, product development, among other training courses, whereas real business experiences will be presented to the start-ups through experienced lecturers and fintech industry professionals.

A maximum of 15 start-ups will be selected to join the initiative’s acceleration cycle in each governorate. The weblink for submission in each round will be announced on social media platforms, allowing start-ups who meet the published conditions in the governorates covered by each round to join the initiative and apply via their designated link.

In the same context, the first round was launched in Alexandria, followed by Upper Egypt, and will extend to all of Egypt’s governorates during the upcoming year.

Fintech/fintech-enabled start-ups operating in Alexandria can participate in the programme by submitting applications for the acceleration cycle via the designated link on the website of FinTech Egypt (https://fintech-egypt.com/Fintekrs/).

Applications will be open for a period of two weeks.

This initiative is part of a consistent series of initiatives launched by the CBE to support entrepreneurship and promote fintech start-ups by strengthening communication and experience transmission between the banking sector from one side and fintech start-ups on the other with the aspiration of availing financial services to various segments in all governorates and achieving higher rates of financial inclusion.

You Might Also Like

Egypt’s Irrigation Minister highlights climate challenges for water sector

CCCPA, Senghor University join forces for African peace, development

Arab League chief urges more funding, investment for food security

Egypt denounces Houthi attack on Bahraini forces in Saudi Arabia

Palestine urges international action to end Israeli occupation, crimes

TAGGED: fintech
Share this Article
Facebook Twitter Email Print
Previous Article EGX, Muscat Stock Exchange explore cooperation options in capital market EGX, Muscat Stock Exchange explore cooperation options in capital market
Next Article Egypt’s Health Minister, Singapore’s Ambassador to Egypt discuss bilateral health cooperation  Egypt’s Health Minister, Singapore’s Ambassador to Egypt discuss bilateral health cooperation 
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Genetically engineering associations between plants and nitrogen-fixing microbes could lessen dependence on synthetic fertilizer
Genetically engineering associations between plants and nitrogen-fixing microbes could lessen dependence on synthetic fertilizer
Science
Earthworms contribute to 6.5% of global grain production, says new research
Earthworms contribute to 6.5% of global grain production, says new research
Science
Researchers build and test a framework for achieving climate resilience across diverse fisheries
Researchers build and test a framework for achieving climate resilience across diverse fisheries
Science
Egypt to issue new bonds for climate, social goals
Egypt to issue new bonds for climate, social goals
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?