Riyadh – Sharikat Mubasher: Saudi investment firm S60 Ventures announced the launch of the S60 Accelerator in partnership with Fintech Saudi during the Money20/20 conference, introducing a founder-centric program to support seed-stage fintech and fintech-adjacent startups.
As per the company’s announcement on LinkedIn, the initiative provides capital, mentorship, and a long-term platform for entrepreneurs aiming to transform financial services in Saudi Arabia and international markets.
Eligibility criteria include having a working MVP or prototype and some early customer traction (i.e., more than just idea stage), a committed full-time team, a large or fast-growing market opportunity, and operating in Saudi Arabia or being willing to expand there.
Earlier this year, S60 unveiled a $100 million fintech-focused venture fund, and the new accelerator marks the next phase of its strategy to back visionary founders and strengthen the Kingdom’s rapidly expanding fintech ecosystem.
