The new cohort already raised more than Dh231 million in funding
Pakistan’s first digital bank is among the 16 new startups to join the growing community of Hub71 – Abu Dhabi’s global tech ecosystem.
By launching operations in Abu Dhabi, the new startup cohort, which has already raised more than Dh231 million in funding, will have the opportunity to develop advanced technologies and gain access to the market, investment, and talent provided by Hub71.
Badr Al-Olama, acting CEO of Hub71, said, “Our first cohort of the year reflects our ambition of matching our pace with that of global tech startups that have the highest growth potential.”
The accepted cohort includes early-stage startups across FinTech, HealthTech, EdTech and other sectors with diverse representation from leading international tech hubs, including the UK, the US and South Korea. Among the cohort is Pakistan’s first digital bank, TAG, UAE-based Trade Capital Partners – a platform that boosts access to working capital for startups and small to medium-sized enterprises in emerging markets and Zywa – the first neobank for teenagers in the Mena region.
“What makes Hub71 so different is our founder-centric approach that emphasises building leaders and teams to sustain exponential growth for startups,” Al-Olama said.
Also accepted in the cohort is UAE-founded Letswork, an app that allows members to book workspaces and work remotely from hotels, cafes, co-working spaces and other unique venues, as well as Ostaz,...
Read Full Story: https://www.khaleejtimes.com/start-ups/abu-dhabi-pakistans-first-digital-bank-among-startups-to-join-hub71
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
