QFTH FIA Wave 5 Demo Day

The Demo Day is the final milestone where we conclude the Wave 5 of our Incubator & Accelerator Program with 19 exceptional FinTech startups originating from 13 countries. These FinTech startups have advanced through our flagship program to develop their innovative solutions in line with the National FinTech Strategy complimenting 4 main themes of PayTech, InsurTech, Buy Now Pay Later, and Loan Based Crowdfunding. The Demo Day also serves as an ideal platform for you to meet like-minded professionals from the FinTech ecosystem, explore potential partnerships, as well as to discover promising investment opportunities vetted for you

Meet the Startups

Garantian

Garantian enables individuals and Payment Services Providers to make cross-border P2P money transfers directly to the end-user’s wallet/bank account.

Funding Raised To Date (USD): $0.11 Mn

Funding Sought (USD): $0.35 Mn

Founders: Gamil Alhaithy

Website: bro.garantian.com/

Xpendless

Xpendless addresses the challenges of manual and time consuming expense management and eliminates the petty cash.

Funding Raised To Date (USD): $0.13 Mn

Funding Sought (USD): $0.75 Mn

Founders: Shadi Hudaifa

Website: www.xpendless.com

Yondr

Yondr is a core Banking SaaS Platform empowering innovation in finance for various sectors.

Funding Raised To Date (USD): $0.92 Mn

Funding Sought (USD): $1.2 Mn

Founders: Shane Chanel

Website: www.yondr.money

MineSec

MinSec enables the inclusion of digital payment and simplifies SoftPOS innovation for merchants.

Funding Raised To Date (USD): $0.45 Mn

Funding Sought (USD): $4 M in exchange of 20% of equity

Founders: Angus Chiu

Website: www.theminesec.com

BeNew

BeNew provides a micro life insurance to Qataris/Migrants living with

Funding Raised To Date (USD): $0.11 Mn

Funding Sought (USD): $0.4 Mn

Founders: Newton Bezeng

Website: www.benewinsurance.com

Symplfy

Symplfy.ai is an InsurTech company that provides remote automated risk assessments solution to the general insurance companies to solve the current manual risk assessment problems of higher costs, longer turnaround times and fraud

Funding Raised To Date (USD): $0.37 Mn

Funding Sought (USD): $0.5 Mn

Founders: Siva Kumar

Website: www.symplfy.ai

Monak

Monak is a MENA-based migrant fintech that provides beyond-borders financial inclusion and life services in the Middle East via partnered network

Funding Raised To Date (USD): $0.37 Mn

Funding Sought (USD): $1.2 Mn

Founders: Nikhil Babariya

Website: www.monakapp.com

Hadiel Health Coop

Hadiel Health Coop helps in reducing the cost of health expenses globally one shared cost at a time

Funding Raised To Date (USD): $1.17 Mn

Funding Sought (USD): $ 2 Mn

Founders: Tunde Salako

Website: hadiel.com.ng

Vsure.life

Vsure.life is Malaysia’s First On-Demand Lifestyle Digital  Insurer. Approved under Malaysia Central Bank “BNM Fintech Regulatory Sandbox” to test a fully Digital OnDemand Insurance Model

Funding Raised To Date (USD): $3.27 Mn

Funding Sought (USD): $1.5 Mn

Founders: Eddy Wong

Website: https://vsure.life/

Gotha

Gotha is a FinTech company that makes finance technology applications, specifically on mobile devices. It has been founded in Qatar in June of 2023 with a vision of making the majority use FinTech services (like BNPL) in everyday life.

Funding Raised To Date (USD): $0.11 Mn

Funding Sought (USD): $0.5 Mn

Founders: Abdullah

Website: na

QPay

QPay specializes in digital consulting, software development, and innovation of legacy processes to assist businesses in getting back to focusing on their core offerings. It specializes in providing solutions for design and development services for all industries, large and small.

Funding Raised To Date (USD): $0.17 Mn

Funding Sought (USD): $6 Mn

Founders: Ali Al-Lawati

Website: fintec.solutions

Spendwisor + LISNR

Spendwisor is a BNPL aggregator & Payment facilitator (Payfac) in the region, reducing integration costs & complexity for merchants (in-store and online). We have partnered with LISNR Inc. to provide proximative-based payment and marketing services to retail merchants..

Funding Raised To Date (USD): $1.17 Mn

Funding Sought (USD): $0.5 Mn

Founders: Safarudheen farook

Website: spendwisor.app

FarmaFin

Healthcare sector sellers and buyers are facing cash flow management problems and a lack of financial visibility. FarmaFin is solving the problem by bringing them with the financial institutions on the same platform where sellers can get early payment and buyers can pay in installments.

Funding Raised To Date (USD): $0.11 Mn

Funding Sought (USD): $0.5 Mn

Founders: Souzan Riad

Website: www.farmafin.com

Finsall

Finsall aims to encourage purchase of insurance policies for those customers who are unable to pay premium amount upfront, by providing them with a facility of Insurance Premium Financing.

Funding Raised To Date (USD): $1.5 Mn

Funding Sought (USD): $1.8 Mn

Founders: Tim Mathews

Website: www.finsall.com

Patron

Patron helps parents install their kids tuition fees on 12 equal installments

Funding Raised To Date (USD): $0.57 Mn

Funding Sought (USD): $3 Mn

Founders: Ahmed Fayed

Website: www.patroneg.com

Lendiron

Lendiron is a software company specialized in Banking as a Service solutions and Embedded finance.

Funding Raised To Date (USD): $3.6 Mn

Funding Sought (USD): $3.1 Mn

Founders: Mikael Kylätie

Website: www.lendiron.com

Peqal

Peqal is a loan based crowdfunding platform using AI technology that will connect lenders and borrowers' profile and recommend a best match

Funding Raised To Date (USD): $0.36 Mn

Funding Sought (USD): $0.25 Mn

Founders: Yousef Albaker

Website: www.peqal.com

Capitall

Capitall is India’s first platform to give vetted SMEs access to quick & flexible working capital loans, from a community of retail investors- who directly lend to businesses and enjoy high returns over short tenures as monthly passive income

Funding Raised To Date (USD): $0.22 Mn

Funding Sought (USD): $1.2M

Founders: Sanskar Jayaswal

Website: https://www.capitall.club

Capsphere

Capsphere is a Fintech focus on providing SMEs an alternative financing solution by matching them to investors

Funding Raised To Date (USD): $1.21 Mn

Funding Sought (USD): $1 Mn

Founders: Yoon Jun Jie

Website: www.capsphere.com.my

Event AGENDA

  • 3:45 – 4:00PM
    Registration
  • 4:00 – 4:05PM
    Welcome Note
  • 4:05 – 4:15PM
    Opening Speech by Mr. Abdulrahman Hesham Al Sowaidi, CEO of QDB
  • 4:15 - 4:45 PM
    FinTech Startups Pitches
  • 4:45 - 5:00 PM
    Partners Recognition
  • 5:00 - 5:15 PM
    Prayer Break
  • 5:15 - 7:00 PM
    FinTechs Exhibition & Networking
  • Organized by

    QDB
  • Under the Patronage

    QCB
  • Strategic Partners

    QFC-Microsoft
  • Theme Partners

    Visa-Master
  • Knowledge Partners

    Miza

Event VENUE

Mandarin Oriental Hotel, Msheireb

View Location

Register FOR EVENT

Need more help?

Email us at fintech@qdb.qa