1864 Accelerator
1864 Accelerator, established in 2016, is Egypt's first financial technology-focused startup accelerator program. Powered by Flat6Labs in collaboration with Barclays Bank Egypt, it aims to promote innovation in the FinTech sector by supporting entrepreneurs in transforming their disruptive ideas into commercially viable solutions. The accelerator invites startups and concepts across various areas of financial services, including payments, digital banking, machine learning, lending, trading, cybersecurity, data analytics, cryptocurrency, insurance, wealth management, asset management, and capital markets. By providing resources and mentorship, 1864 Accelerator plays a pivotal role in advancing the FinTech landscape in Egypt.
https://crunchbase.com/organization/***
Past deals in Egypt
Entej
Non Equity Assistance in 2016
Entej is an Egyptian company that operates a digital social networking platform tailored for small and medium-sized enterprises (SMEs) in Arabic-speaking markets. Founded in 2012 and based in Cairo, Entej's platform aims to support SMEs, entrepreneurs, and experts by providing tools for networking, market research, distribution networks, supply chain enhancement, global opportunities, business incubation, and complementary business ventures. The company focuses on integrating social networking concepts with economic objectives to facilitate project implementation and development through human resource integration.
YALLA NSADAR
Non Equity Assistance in 2016
Yalla Nsadar aims to build a bridge between Egyptian exporters of all industries and importers by providing an opportunity that connects exporters with importers under one umbrella of an online marketplace that provides all the necessary information and navigation tools that help facilitate the trade process.
Carsurance
Non Equity Assistance in 2016
Carsurance is an online platform based in Egypt that provides insurance solutions for individual car owners. The company specializes in comparing quotes from various car insurance providers, helping customers find the best value for their insurance needs. By streamlining the process of obtaining insurance quotes, Carsurance enables car owners to make informed decisions and secure better coverage for their vehicles. The platform aims to simplify the insurance purchasing experience and enhance affordability for its users.
Olly Smart Credit Card
Non Equity Assistance in 2016
Olly is a digital credit card for India's working masses and young people.
Today, Olly has come full-circle in Egypt extending the product offering to the youth market here and its been well received by the Egyptian student audience.
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