">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Sunday, January 17, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Startups

Nest Expands into Bahrain, partners up with American Express to launch an accelerator for FinTech startups

Milcah Lukhanyu by Milcah Lukhanyu
2 years ago
in Startups
7 min read
0

Related posts

Adam Molai’s JUA Kickstarter Fund Doubles to $2M to Kickstart African Entrepreneurship

January 15, 2021
0

Nigeria’s TeamApt pivots to serve consumers, eyes expansion into West & North Africa

January 14, 2021
0

Cellulant Group CEO Ken Njoroge to step down in June

January 14, 2021
0
work from home kenya

OZÉ Raises $700k To Digitize African MSMEs & Offer Them Affordable Capital

January 14, 2021
0
 Nest which has operations in Nairobi, Kenya and Hong Kong has expanded into the Kingdom of Bahrain with the launch of the very first global corporate fintech program in the region, ACCELERATE ME, in partnership with American Express Middle East.

Nest and American Express Middle East will be running the first Accelerator program focused on delivering innovative digital solutions to Customers and Business Partners in the Middle East. ACCELERATE ME program will scale up to 15 local and international startups with innovative solutions to cater to deliver unique customer engagement, automated payments, and alternative physical and digital platforms for merchants.

According to Mazin Khoury, CEO of American Express Middle East, “We are thrilled to be partnering with Nest on ACCELERATE ME program, to create a platform for local, regional and international startups and give them the opportunity to pitch their innovative solutions to American Express Middle East. We at American Express Middle East put innovation at the forefront of everything we do. It is the driving force that shapes our success and is the reason we continue to maintain a leading position in the region.”

“We have a lot to offer the startup community, and we are very excited to be setting up a regional ecosystem that inspires them to grow and fulfill their ambitions. This new partnership with Nest will allow us to work closely with the startup community and complement the work we do at “Bahrain FinTech Bay” as one of the founding partners to strengthen Bahrain’s position as a leading financial and economic center in the region and a hub for innovation”.

READ  Standard Chartered's ‘Women in Tech’ accelerator attracts over 180 women-led startups

Nest’s expansion comes at a time when Bahrain is positioned for rapid growth. Government support for startups and a strong momentum for innovation will give entrepreneurs the opportunity to access new markets and resources. As a pioneer of the corporate accelerator program model, Nest has helped over 140 startups scale their businesses in collaboration with leading corporates such as DBS Bank, AIA, OCBC Bank, INFINITI Motors and FedEx in Asia since 2015.

Nest has been awarded the Tamkeen Labour Fund tender, an initiative by the government to create opportunities for Bahrainis in the labour market and for enterprises to develop and flourish. Together with the government, Nest intends to drive ecosystem growth by running various corporate innovation programs and sharing ecosystem insights such as the Gateway Gulf Report.

Lawrence Morgan, Nest CEO said, “Nest is headquartered in Hong Kong where Asia’s financial hub is. We are excited to bring our experience of helping high growth startups to connect and collaborate with leading financial institutions to the region, together with our corporate partner American Express Middle East. At Nest, we believe in taking a global perspective to connect our core markets – Asia, Middle East, and Africa (AMEA) to the rest of the world in order to empower startups to scale across industries and borders.

Readers 2,014

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

Related Posts

Entrepreneurship

Adam Molai’s JUA Kickstarter Fund Doubles to $2M to Kickstart African Entrepreneurship

January 15, 2021
0
Startups

Nigeria’s TeamApt pivots to serve consumers, eyes expansion into West & North Africa

January 14, 2021
0
Business

Cellulant Group CEO Ken Njoroge to step down in June

January 14, 2021
0
work from home kenya
Startups

OZÉ Raises $700k To Digitize African MSMEs & Offer Them Affordable Capital

January 14, 2021
0
Startups

France’s OTT platform Molotov expands into 7 African countries

January 14, 2021
0
Startups

Gro Intelligence Raises $85 Million in Series B Funding

January 13, 2021
0
alternative energy building clouds energy
Startups

West Africa’s Daystar Power raises $38 million to accelerate its regional expansion

January 13, 2021
0
Startups

UK & Egypt’s Docspert Health Raises Six-Figure Seed to expand its Telemedicine Platform

January 13, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

realme to release more phones in 2021 to grow its smartphone market share

January 16, 2021

What You Need To Know To Manage Your Network Effectively

January 16, 2021

Baidu establishes an Intelligent electric vehicle arm to bring autonomous cars on a road near you

January 15, 2021

Adam Molai’s JUA Kickstarter Fund Doubles to $2M to Kickstart African Entrepreneurship

January 15, 2021

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: