Bahrain gets serious with $100m FinTech Fund

Bahrain's government is launching a $100 million fintech fund to support ecosystem development, with potential focus on seed-stage and Series A investments, though specific investment criteria remain undisclosed.

It’s particularly interesting to see Bahrain’s Government encouraging the development of the FinTech ecosystem in the country. No details yet on specific investment thesis though off the top of my head I’d assume it could well be for seed-style Investements and perhaps Series-A? We shall no doubt see.

FinTech Futures: Bahrain to raise $100m for fintech ventures