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4 STARTUPS SET TO REPRESENT CENTRAL ASIA IN FAST TRACK FINAL IN DUBAI

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by November 11, 2019 Market

For the first time in Central Asia the Fintech Hub of the Astana International Financial Centre (AIFC) and Startupbootcamp held a Fast Track event for startups in Nur-Sultan, with applications being accepted from countries like Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan, the Astana International Financial Centre’s press service informs.

Four startups were chosen to represent Central Asia in the final tour in December in Dubai, among them Multis (Kazakhstan) an online lending platform; Namba Pay (Kyrgyzstan)?- a mobile app combining different payment methods and an integrated loyalty program; Lending Star (Singapore/Kazakhstan)?- a platform for attracting SME financing; Tayyab (Kazakhstan) a Islamic banking-based neo bank.

The final tour will see Startupbootcamp in partnership with Dubai International Financial Centre (DIFC), Visa, Mashreq and HSBC pick 10 startups for a 3-month program in the fintech accelerator with the perks for startups as follows:

The best mentors;?

Access to a global network of Startupbootcamp’s investors and partners; ?

Co-working space in the DIFC office; ?

Euros 15,000 to cover living expenses; ?

Partnership offers worth more than Euros 500,000. ?

We are very pleased to see the progress of fintech startups in Central Asia, that they have become of interest for foreign fintech accelerators. We see a great potential for scaling fintech startups beyond the region in the future, Taras Volobuiev, head of startup support programs in the AIFC Fintech Hub, said.

Source: Kazakhtan 2050

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