FinSec Innovation Lab by Mastercard

The FinSec Innovation Lab is an Israeli startup accelerator and incubator program established in 2020 by Mastercard and Enel X, in partnership with the Israel Innovation Authority, Israel National Cyber Directorate, and the Ministry of Finance. Located in Beersheba, it focuses on advancing innovation in fintech and cybersecurity for the payments and energy ecosystems. The lab provides early-stage Israeli startups with physical space, mentorship, real-world data for simulations, and access to an Israel Innovation Authority (IIA) grant to develop and test their solutions.