1864 Accelerator

1864 Accelerator, established in 2016, is Egypt's first financial technology-focused startup accelerator program. Powered by Flat6Labs in collaboration with Barclays Bank Egypt, it aims to promote innovation in the FinTech sector by supporting entrepreneurs in transforming their disruptive ideas into commercially viable solutions. The accelerator invites startups and concepts across various areas of financial services, including payments, digital banking, machine learning, lending, trading, cybersecurity, data analytics, cryptocurrency, insurance, wealth management, asset management, and capital markets. By providing resources and mentorship, 1864 Accelerator plays a pivotal role in advancing the FinTech landscape in Egypt.

Willie Elamien

Managing Director

9 past transactions

Olly

Non Equity Assistance in 2016
Olly is a digital credit card startup based in Santiago, Chile, designed specifically for students and young individuals. The company offers an on-demand payment application that allows users to manage their finances through a switch on-switch off feature, enabling greater control over their spending. By focusing on the needs of a younger demographic, Olly aims to simplify the payment process and enhance financial management for its users.

Bees 365

Non Equity Assistance in 2016
Bees 365 is a cloud platform for corporate productivity and employee’s collaboration. Bees 365 utilizes cloud technology to provide clients with the necessary management tools to help them tackle recurrent challenges

Entej

Non Equity Assistance in 2016
Entej is a Cairo-based company founded in 2012 that operates a social networking platform tailored for small and medium enterprises (SMEs) in the Arabic-speaking market. The platform aims to facilitate business success by integrating social networking with economic objectives. It provides users with essential tools for networking, market research, and access to distribution networks. Additionally, Entej enhances supply chain capabilities, presents global business opportunities, and offers incubation services. This comprehensive approach supports entrepreneurs and business professionals in implementing and developing their projects effectively.

YALLA NSADAR

Non Equity Assistance in 2016
Yalla Nsadar aims to build a bridge between Egyptian exporters of all industries and importers by providing an opportunity that connects exporters with importers under one umbrella of an online marketplace that provides all the necessary information and navigation tools that help facilitate the trade process.

Card Switch

Non Equity Assistance in 2016
Card Switch is a mobile application focused on anti-fraud and card management, designed to empower consumers with control over their credit and debit card usage. The application allows users to monitor and customize their card transactions based on specific parameters such as location, transaction amount, and merchant. Additionally, Card Switch enables users to temporarily block their cards, providing a heightened sense of security and control. By facilitating direct access to card management features, Card Switch aims to significantly reduce instances of fraud and enhance overall customer satisfaction.

Money Fellows

Non Equity Assistance in 2016
Money Fellows is a collaborative lending and savings platform designed to help individuals access interest-free credit and achieve better savings outcomes. The platform allows users to form circles with friends and family, enabling them to pool their resources into a common fund. Participants can contribute to this fund and take turns withdrawing the total amount, facilitating a supportive financial network. By leveraging social connections, Money Fellows provides a unique approach to saving and borrowing, promoting financial collaboration among users.

Carsurance

Non Equity Assistance in 2016
Carsurance is an online platform based in Egypt that provides car insurance solutions for individual car owners. The platform specializes in comparing quotes from various insurance companies, allowing users to find the best prices and coverage options. By streamlining the process of obtaining insurance quotes, Carsurance helps car owners save money and make informed decisions regarding their vehicle insurance needs.

Olly Smart Credit Card

Non Equity Assistance in 2016
Olly is a digital credit card for India's working masses and young people. Today, Olly has come full-circle in Egypt extending the product offering to the youth market here and its been well received by the Egyptian student audience.

Save.it

Non Equity Assistance in 2016
Save.it is a personal financial planning application that enables its users to manage their money. It was launched in 2016 by Ahmed Abuiliazeed.
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