Explore the dynamic cohort shaping Africa’s fintech future with Visa’s Africa Fintech Accelerator program.
Visa’s commitment to Africa’s digital transformation is realized as 23 selected startups embark on a comprehensive fintech accelerator journey, backed by expertise, connections, and investment.
Catalyzing fintech innovation in Africa
Visa’s inaugural Africa Fintech Accelerator represents a commitment to the digital evolution of the continent. The selected 23 startups represent the next frontier in fintech innovation across Nigeria, Kenya, Ghana, Morocco, South Africa, Egypt, Uganda, Zambia, and Tunisia.
Unlocking growth through expertise and investment
The accelerator will enable startups to grow through a three-month intensive learning program focused on business growth and mentoring. Following the program completion, Visa will provide further support via capital investment in selected startups, while accelerating their commercial launch through access to Visa’s networks.
The pioneering cohort: Shaping Africa’s future
Nigeria
Anchor: APIs, dashboards, and tools for banking product development.
Dojah: Comprehensive KYC and digital onboarding solutions.
Moni: Low-interest loans for mobile money agent communities.
Orda Africa: African restaurant cloud operating system provider.
Traction: Next-gen payment solutions and business tools.
Kenya
OkHi: Address verification for banks, fintechs, and businesses.
Duhqa: B2B platform for retail distribution of consumer goods.
Power: Financial health empowerment for workers.
Workpay: HR payroll services.
Ghana
OZÉ: Digital recordkeeping tools with finance products for businesses.
The Blu Penguin: In-store Point of Sale (PoS) system.
AgroCenta: Mobile merchant platform for smallholder farmers.
Affinity Africa: Banking products for the underserved.
Morocco
Chari: A digital solution for retailers and wholesalers.
PayTic: A reporting and security tool for card issuers.
Weego: A trip planning tool.
South Africa
Floatpays: An employee retention platform.
Franc: A financial investment and planning app.
OnLife: An innovative wallet application.
Egypt
Sympl: A “shop now, pay later” solution.
Uganda
Eversend: A cross-border payments and financial hub.
Zambia
PremierCredit: An online microlending and investment platform.
Tunisia
Konnect: A payment link developer
Increasing investments
“Africa has one of the most exciting and admired fintech ecosystems in the world, bringing outstanding entrepreneurial talent to a young digital-first population that is growing fast,” said Alfred F. Kelly Jr., executive chairman of Visa. “Visa has been increasing our investments in Africa for decades and strengthening partnerships throughout the continent to support the next wave of innovation and growth. Our new Fintech Accelerator will bring expertise, connections, and investment to Africa’s best fintech start-ups so they can grow at scale.”
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1 Comment
Like every businesses and every businessmen will do looking for investors om market susu is taking this adventure to call All potential business class to get in touch with to break Gap between the micro economy in Africa Sub region for profitability index reach both the middle class and the vulnerable in other to reduce poverty rate within our local market centers in Africa specifically Ghana.