Program · EIR
1957 Ventures EIR Program
1957 Ventures EIR Program is 1957 Ventures' EIR offering a unique venture-building opportunity for experienced operators in fintech.
- Application state
- Accepting
Overview
What 1957 Ventures EIR Program offers
What 1957 Ventures EIR Program is
The 1957 Ventures EIR Program is an Entrepreneur in Residence path for experienced fintech operators to lead new venture-backed fintech companies in the MENA region. The official program page describes EIRs taking the helm as CEO with full support to build and scale a fintech venture. 1957 Ventures is a Riyadh-based fintech venture builder backed by Riyad Bank with more than SAR 800 million. Its official site describes a goal of building, launching, and scaling next-generation fintech ventures in Saudi Arabia, with 15+ ventures targeted by 2028 and three active ventures listed.
Operational profile
Program status and context
Program status describes the program itself. Application availability and deadlines remain separate.
- Operational status
- Active
- Program type
- EIR
- Host organization
- 1957 Ventures
- Last reviewed
- June 12, 2026
Terms and economics
Published program terms
- Investment
- $267,000,000
- Price
- Free
- Compensation
- Hybrid
Compensation and economics
EIRs receive an attractive compensation package with equity participation in the venture they lead, along with access to dedicated support teams and resources.
Focus and fit
Who the program is for
Program thesis
The 1957 Ventures EIR program focuses on building fintech ventures in alignment with Saudi Vision 2030. It targets experienced operators who can leverage their expertise to lead new ventures, addressing the need for innovation in the financial services sector in Saudi Arabia.
Eligibility
Candidates must have 10+ years of experience in technology or fintech, demonstrating leadership capability and deep knowledge of MENA markets.
Selection approach
Candidates must create a profile on the careers portal, submit their CV and portfolio along with a fintech vision statement, and undergo a rigorous selection process including interviews and assessments.
- Stages
- Pre-seed · Seed
- Sectors
- Fintech
- Audience
- Founders · Operators · Builders
- Geographic eligibility
- Sa · Mena
- Career stage
- Senior · Executive
Format and cadence
How participation works
- Presence
- In Person
- Main location
- Riyadh, Saudi Arabia
- Engagement
- Full Time
Delivery model
The program requires in-person participation in Riyadh, Saudi Arabia.
Participation expectations
The EIR role is a full-time commitment, with participants assuming the CEO position of a new venture.
Availability and engagement
Application timing and route
- Application state
- Accepting
- Admissions
- Rolling
- Application materials
- Resume · Portfolio · Written Statement
Published timeline
The program has a rolling intake with no fixed duration, as EIRs assume the CEO role of a new venture.
Application considerations
Applicants should highlight their leadership experience and understanding of the fintech landscape in MENA. A clear vision statement for the fintech venture is crucial.
Value and support
What participation may provide
Publicly described support is context, not a guarantee of current delivery or future benefit.
What participants may receive
Participants gain access to a SAR 1 billion fund, dedicated support teams, proven methodologies, and connections with industry leaders across MENA.
Outcomes and track record
What the public record shows
Historical activity and reported outcomes provide context, not a guarantee of future results.
Reported outcomes
The program has reported over $100 million in cumulative portfolio value across its ventures since its launch in May 2024.
Common questions
Program details at a glance
1957 Ventures EIR Program is published in Upseed as a eir program hosted by 1957 Ventures. Upseed treats the Program and its host Organization as separate records so each can have its own status and sources.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
June 12, 2026
Known limits
Terms, deadlines, and application states can change. Confirm current details at the published destination before acting. Upseed does not yet classify every Program destination as official.
Upseed is an independent guide. It is not affiliated with, endorsed by, or the official representative of this program or its host.