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Kenyan Startup “Save App” Among Nine Ventures Announced for Africa Money and DeFi Summit Investment Showcase

Africa DeFi Summit

The Africa Money and DeFi Summit is set to take place in Accra, Ghana on October 3rd and 4th. The showcase will have a lineup of nine cutting-edge Web3, Blockchain, Fintech, and Decentralized Finance (DeFi) ventures selected to showcase their innovations to investors and industry leaders. Among these promising startups is the Kenyan-based “Save App,” which is reshaping saving habits across Africa.

Save App, a Kenyan startup, seeks to transform how African consumers view and interact with their savings. The company’s flagship product, “Ukonga,” is a micro-savings platform designed to empower users to save their spare change effectively, encouraging a culture of saving for future use.

In a region where saving habits can be challenging to cultivate, Save App aims to bridge the gap by providing a user-friendly platform that seamlessly integrates with daily transactions. By rounding up purchases to the nearest whole amount and directing the spare change into savings, Ukonga encourages users to build a financial safety net gradually.

The Africa Money and DeFi Summit

The Africa Money and DeFi Summit is a pivotal event in the African fintech and DeFi landscape, with a mission to connect African ventures, corporates, and global investors. It serves as a bridge to foster collaboration and investment in the Pan-African fintech, DeFi, and Web3 ecosystem.

Save App and the other eight ventures selected for the summit offer a glimpse into the continent’s vibrant and rapidly evolving tech scene. With a diverse range of innovations, these startups have the potential to drive financial inclusion, improve digital infrastructure, and create economic opportunities across Africa.

Investors, industry leaders, and attendees at the Africa Money and DeFi Summit will have the opportunity to witness firsthand the transformative power of startups like Save App and explore potential investment opportunities.

As Africa continues to embrace digital innovation and financial technology, startups like Save App exemplify the potential for technology to drive positive change and economic growth across the continent. The Africa Money and DeFi Summit serves as a platform to amplify these efforts and forge meaningful connections between innovators and investors.

About author

Editor at TechArena. I cover all things technology and review new gadgets as I get them. You can reach me on email: kaluka@techarena.co.ke
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