S60 and Fintech Saudi Unveil New Accelerator for Fintech Startups

S60 Ventures, in partnership with Fintech Saudi, has launched the S60 Accelerator, introducing a founder-focused programme aimed at supporting seed-stage fintech and fintech-adjacent startups. Announced at the Money20/20 conference, the initiative provides capital, mentorship and a long-term platform designed to help entrepreneurs build and scale in Saudi Arabia and beyond. Eligibility for the programme requires startups to have a working MVP or prototype, early customer traction, a committed full-time team, and a large or growing market opportunity. Companies must already operate in Saudi Arabia or demonstrate a clear intention to expand into the Kingdom. The launch of the accelerator comes after the announcement of S60’s $100 million fintech-focused venture fund earlier in 2024. Positioned as the next step in backing visionary founders, the programme is intended to strengthen Saudi Arabia’s fintech ecosystem and support the Kingdom’s ambitions to become a regional hub for innovation.