Visa Africa Fintech Accelerator Launches Application for Fifth Cohort
Visa is now accepting applications for the fifth cohort of its Africa Fintech Accelerator program, reinforcing its dedication to fostering innovation within the continent’s financial technology landscape. This 12-week intensive program aims to accelerate the growth and impact of promising fintech startups operating in Africa. The application window is open until August 15th, inviting startups with a minimum viable product (MVP) or a market-ready solution to participate.
Accelerator Details and Commitment to Africa
The Visa Africa Fintech Accelerator provides selected startups with invaluable mentorship, customized training, networking opportunities, and crucial access to funding and resources. This comprehensive support system is designed to propel their advancement within the competitive fintech sector. As a testament to its ongoing commitment, Visa also unveiled the 22 startups participating in the fourth cohort, representing 12 African nations. These startups are focused on addressing critical challenges within Africa’s fintech space, striving to promote financial inclusion and drive digital growth across the continent. This accelerator program forms a key component of Visa’s broader pledge to invest $1 billion in Africa by 2027, with the aim of significantly transforming the region’s payments ecosystem.
Visa’s continuous investment in the Africa Fintech Accelerator underscores its belief in the transformative power of African startups and their ability to shape the future of digital payments and financial inclusion on the continent. The program offers a unique opportunity for fintechs to scale their solutions and contribute to the ongoing evolution of Africa’s digital economy.
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