Riyadh - Sharikat Mubasher: Falak Investment Hub, a full-fledged investment and corporate innovation firm, and Alinma Bank, one of the leading financial institutions in Saudi Arabia, launched the ‘AmadTech’ program to support fintech startups in the Kingdom.

According to Falak, the collaboration aims to build a more innovative financial ecosystem and support the development of the Saudi financial sector by empowering promising startups to grow.

This multi-program comprises three tracks: AmadTech Accelerator, IP Commercialization, and Amad Talents. The 12-week accelerator equips founders with expert guidance, practical support, and access to over $1 million in funding to help them transform their ideas into real impact.

The IP Commercialization track offers tailored support for innovators with registered intellectual property through mentorship, market validation, and partnership opportunities.

Meanwhile, Amad Talents supports university students with the mentorship and guidance they need to establish real fintech ventures.