"..access to the BFB for the Seed Fuel program for qualified Fintech companies of up to BHD 25,000 in equity investment.."

Bahrain FinTech Bay Announces Strategic Partnership with Bahrain Development Bank & Rowad

Bahrain Development Bank will be a founding partner of BFB and will work closely with the BFB to deliver certain initiatives supporting Fintech entrepreneurship, through its Rowad Platform which includes the Rowad Program, SeedFuel-Rowad, and the Invested Platform.

This will provide entrepreneur support programs, access to the BFB for the Seed Fuel program for qualified Fintech companies of up to BHD 25,000 in equity investment, and the ability access the investor platform, InvestedTM. In addition to creating this direct affiliation between Rowad Platform and BFB, the Bahrain Development Bank will cooperate with the BFB on a number of media events, conferences and projects that will support the development of Bahrain’s fintech ecosystem.

Equally, the Rowad Program, which will also be a supporting partner of BFB, will position its platform as a plugin for Fintech startups, engage in BFB’s media and launch event strategy, and provide fintech entrepreneurs access to training programs, workshops, coaching programs, incubation, and a link to financial support offered by the Bahrain Development Bank and other SME supporting organizations.