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Nine start-ups participate in Plug and Play ADGM fintech platform

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The Plug and Play ADGM accelerator programme will begin on 26 March 2019, with the selected start-ups residing at ADGM's co-working space in Abu Dhabi.

Tuesday 26, March 2019 BY KUDAKWASHE MUZORIWA

Plug and Play and the Abu Dhabi Global Market (ADGM) have started their second fintech accelerator and innovation programme.

The nine fintech start-ups participating in Plug and Play ADGM's three-month accelerator will have the opportunity to work alongside the financial institutions for a possibility to execute pilot projects.

Omeed Mehrinfar, the Managing Partner EMEA at Plug and Play, said, “The local and international start-ups participating in this upcoming batch will continue to provide value to key financial institutions in the region, and we look forward to cultivating impactful engagements with our corporate partners.”

The selected start-ups include API Fortress, IDNow as well as Labiba, Merit Incentives and Cygnetise.

Similarly, Cyr3con, Token as well as Silot and Narrativa will also participate in Plg and Play ADGM second innovation programme.

In statement, ADGM said that there is no cost for the start-ups to be in the programme and they will remain part of the ecosystem post-graduation.

TAGS : ADGM, Plug and Play

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