Great news! Visa has handpicked 23 African startups, including Anchor, Orda Africa, Dojah, and Moni, for its first-ever Visa Africa Fintech Accelerator.
Launched in June, this program aims to boost Africa’s fintech community, which is leading the charge in innovative payment solutions and connecting the unbanked to the digital economy.
Otto Williams, Head of Partnerships, Products, and Solutions at Visa for Central Europe, the Middle East, and Africa, highlighted the significance of Africa’s fintech innovation, saying that: “Africa’s fintech community is at the forefront of payments innovation and connecting more of the unbanked with access to the digital economy,”
The selected startups are in for a treat with one-on-one mentoring, Visa-specific training, partnership opportunities, and undisclosed funding. On top of that, they’ll enjoy product perks and discounts worth $200,000 from over 100 vendors, including Google Cloud and HubSpot.
Nigerian startups dominate the accelerator’s lineup, with Ghana, Kenya, Morocco, South Africa, Egypt, Uganda, Zambia, and Tunisia also representing. Interestingly, many of these startups have previously participated in renowned global accelerators like Y Combinator and Techstars. Exciting times ahead for African fintech!