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Qatar to launch FinTech Venture Capital Fund to support the ecosystem

Qatar is making considerable progress towards developing a more competitive FinTech ecosystem.

The National FinTech Strategy was published in 2019 and the Qatar Fintech Hub (QFTH) was established soon after. The QFTH supports the initiatives of Qatar Central Bank (QCB) and manages its incubator and accelerator programs.

To further the development of the ecosystem, Qatar Development Bank (QDB), a partner of the QFTH, is launching a FinTech venture capital fund. The fund will finance future QFTH graduates and other FinTechs in the country and the region. It will target early- to later-stage businesses and projects.

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