A New FinTech Accelerator in Egypt

Cairo-based Flat6labs has announced the launch of a new fintech accelerator, the 1864 Accelerator, in cooperation with Barclays Bank in Egypt.

1864 accelerator will provide different types of support for entrepreneurs, including seed investment of 150,000 EGP (US$16,900), and was named after the year Barclays Bank launched in Egypt.

The accelerator will operate based on the same model used by Flat6Labs.