An exciting development in the FinTech industry and for the Lebanese economy: The first FinTech hub, StartechEUS FinHub, is scheduled to start operation soon with its offices located in Beirut, Lebanon at the Beirut Business District (BDD). StartechEUS is a hub that will play an integral role in starting and sustaining the development of carefully chosen FinTech companies from the concept stage all the way through to a successful exit in international commercialization. Throughout the entire cycle StartechEUS FinHub will be providing mentoring, access to market and seed funding from USD 100k to USD 2M in series A tickets per company.
Led by successful serial-entrepreneurs and financial and technology experts with an extensive international track record, the Managing Partner Alexandre Jihad Harkous quotes: “We believe that industry focus is central to achieving the best results. We will be operating at the intersection of Innovative Technology and Financial Services with a vision to empower the digital, artificial intelligence and blockchain fields.”
StartechEUS’ Four Pillars – A One-Stop-Shop for Entrepreneurs
Built on Four Pillars that will fulfill the entire cycle from sourcing innovative companies and concepts with some real “bite” through to a successful exit. During this cycle the select number of FinTech companies will be provided with incomparable and unique access to funding, mentoring, management, research studies, trainings and the EU & USA markets to strengthen and build their innovation and success.
StartechEUS not only has a strong team itself but has further entered a partnership with the Lebanese International Finance Executives (LIFE), boasting over 1000 worldwide members and senior leadership in every area of finance. A unique and competitive advantage for StartechEUS FinHub and its portfolio companies.
The value creation engine within StartechEUS is StartechEUS FinHub which will provide its portfolio companies and partners with the necessary insight, connections and diligence to unlock their potential and strengthen their growth.
StartechEUS Technology Academy
The technology academy will provide its entrepreneurs with pivotal training sessions by industry experts, corporate leaders and academic partners in order to share best practices, tools and resources which are elemental in the development of startups preparing them for the global competitive market and transforming their innovative ideas into reality.
StartechEUS Finnovation Fund
StartechEUS has created a fund; the Finnovation Fund, through which it will directly and indirectly invest in its startups backed by private and institutional investors and companies.
“Through our unparalleled pipeline sourcing capabilities and due diligence screening, we aim at selecting the best in class disruptive fintech players to invest in and help in achieving returns, as well as co-investing alongside some of the top fintech VC names in the world” says Karl Naïm, Chief Investment Officer & Partner of StartechEUS
StartechEUS Governance Management
A team of highly skilled and experienced individuals with a diverse expertise in digital entrepreneurship, financial services industry, venture capital and management consulting will manage StartechEUS and support creative entrepreneurs with viable and innovative fintech business models in strategically developing their ideas into reality, creating substance and success.