Al Doseri Law breaks ground with pioneering finTech accelerator studio in the Middle East

Al Doseri Law cements its position as FinTech experts through its incorporation of HP Spring Studio (Bahrain) WLL, the first FinTech accelerator studio in the Middle East. The studio was launched in partnership with UK Based Hambro Perks Ltd and Bahrain-based Al Waha Fund of Funds. HP Spring Studio aims to work alongside remarkable entrepreneurs to co-found high-growth FinTech start-ups.

Bahraini law firm Al Doseri Law drew on its FinTech expertise to provide exceptional legal counsel to HP Spring Studio, illustrating its close ties with the industry. Partners Ronald Langat and Saad Al Doseri were the key legal advisors to HP Spring Studio, assisted by associate Maryam Al Hashemi.

Founding partner Saad Al Doseri said: “Bahrain has always been a pioneering environment in providing a roof for new projects and start-ups, and its ideal geographical location an attractive investment opportunity for many entrepreneurs. The legal framework enjoyed by the kingdom tempts many well-known regional and international organizations to invest in the Kingdom of Bahrain. Indeed, it was a heart-warming experience for Al Doseri Law to cooperate in the establishment of the first FinTech accelerator studio in the Middle East, which took place in the Kingdom of Bahrain.”

HP Spring Studio was launched to accelerate the start-up ecosystem, maximize growth opportunities in Bahrain and drive innovation. The accelerator also aims to collaborate with educational organizations by creating high-skilled start-up jobs, as well as providing on-the-job training and upskilling to develop local talents. HP Spring Studio will also help attract, relocate, and retain top talents whilst attracting capital inflows to Bahraini start-ups.