Accelerator StartechEUS FinHub announced that it would launch its operations in May 2019 at the Beirut Digital District, becoming the first hub for financial technology (fintech) startups in the Levant region. The new accelerator intends to provide startups with mentorship, a fintech office space, as well as access to international markets and to Series A funding of between $100,000 and $2m per company. Series A funding refers to an investment in a start-up that has shown progress in developing its business model and has demonstrated a potential to grow and generate revenue.

Specifically, the StartechEUS Technology Academy would allow industry experts, private leaders and academic partners to provide startups with up-to-date training sessions, as well as with the tools and resources necessary to help them participate in a competitive global market. Also, the accelerator would invest both directly and indirectly in fintech startups through its Finnovation Fund.

Further, StartechEUS's Governance Management Framework aims to support the creation of innovative fintech business models and help transform the entrepreneurs' ideas into companies. In addition, the accelerator would allow startups to have access to international markets, especially Europe and the U.S., through its partnership with the Lebanese International Finance Executives (LIFE) organization, which consists of a global network of more than 1,000 senior Lebanese finance professionals around the world.