Visa has concluded the Demo Day for the second cohort of the Visa Africa Fintech Accelerator program. This event was held in Cape Town, South Africa on December 2nd.
At the event, 23 fintech startups presented their solutions to an audience of venture capitalists, angel investors, ecosystem enablers, and business partners.
The second cohort’s Demo Day was a culmination of a 12-week intensive program that included training, mentorship, and networking opportunities. The highlights of the event included startup pitches from three batches representing different regions of Africa—West Africa, North Africa, and East & South Africa.
At the Demo Day, four startups from East Africa presented their pitches, these are:
Four startups from East Africa presented their pitches:
- Chapa – Ethiopia – Merchant Solutions
- CheckUps Medical Hub – Kenya – Embedded Finance (Health)
- AzamPay – Tanzania – B2B Marketplace
- Beem – Tanzania – Social Commerce
The Demo Day is an important platform for participants of the Visa Africa Fintech Accelerator program. They are able to showcase their solutions to an audience of key ecosystem players and potential funding partners. The startups gain valuable exposure and the chance to form strategic collaborations that can propel their businesses forward.
Aida Diara, Senior Vice President and Head of Visa Sub-Saharan Africa at Visa said, “I am incredibly impressed by the innovative solutions presented by the startups. Their creative approaches to solving financial challenges are truly inspiring. We are immensely proud to support these fintech pioneers, who are driving digital transformation and showcasing remarkable potential for growth and scalability. At Visa, we are committed to providing these visionary entrepreneurs with the platform and resources they need to succeed and make a significant impact.”
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