- Launching the “AmadTech” accelerator to support FinTech startups and accelerate digital transformation in line with Saudi Vision 2030.
- The accelerator targets 20 startups and 15 intellectual properties to be transformed into market-ready solutions.
- Entities like Fintech Saudi and Mawhiba are participating to support talents and innovative projects.
July 2025 – Riyadh, Saudi Arabia: Alinma Bank, in collaboration with Falak Investment, announced the launch of “AmadTech,” a FinTech-focused accelerator designed to empower entrepreneurs, support startups in the Kingdom, and accelerate the digital transformation of the financial sector in alignment with Saudi Vision 2030.
The accelerator focuses on three main tracks:
- Accelerating high-potential FinTech startups through a specialized growth and mentorship program.
- Transforming registered intellectual property into market-ready digital solutions, with intensive support to validate market fit and build strategic partnerships.
- Engaging universities and talented students in collaboration with organizations such as Mawhiba, to develop innovative, applicable projects in the FinTech sector.
The program also includes awareness initiatives, specialized workshops, and mentoring sessions with industry experts, culminating in a final Demo Day event where startups can showcase their solutions to investors and FinTech ecosystem partners.
Number of Participating Startups
AmadTech aims to support 20 Saudi FinTech startups through an intensive program that combines mentorship, hands-on training, and direct access to the investment ecosystem.
The program also features a training bootcamp for 15 registered intellectual properties, with the goal of transforming them into marketable tech solutions—maximizing the value of local innovations and connecting them with Saudi Arabia’s FinTech market.
Key Participants and Sponsors
The accelerator is backed by key stakeholders in the Kingdom’s innovation ecosystem, including Alinma Bank, Falak Investment, Fintech Saudi, and the Mawhiba program. These entities play a vital role in providing strategic, logistical, and knowledge-based support for the participating startups and innovation projects.
العربية (Arabic) To read the article in Arabic, click here
