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Thursday, 15 September 2022

HSBC snags sustainable investing awards + 3 regional startups crowned in Flat6Labs’ femtech accelerator

HSBC Qatar got kudos at The Asset’s Triple A Sustainable Investing awards. The bank’s Qatari branch was named best sub-custodian, best domestic custodian, and best fund administrator for retail funds for the second consecutive year, it said in a statement (pdf). HSBC received 35 awards in total across various markets. See the full list of awardees here.

Flat6Labs and healthcare firm Organon have announced the three winners of the MENA region’s first femtech accelerator program: Greek-Lebanese firm Omgyno, which offers at-home gynecological testing and telehealth services, Lebanese mental health platform Siira, and Maternally, whose platform provides mental health support for pre- and postnatal women were selected by the organizers, according to a press release (pdf) Tuesday. The four-month virtual accelerator supported 10 women-led digital healthcare start-ups operating in MENA to build products, test market fit and improve business models.

Femtech? The female technology (femtech) market in MENA could be worth USD 3.8 bn by 2031, according to Flat6Labs. We’ve done your homework for you on the growing local femtech industry: Check out what we found here.

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