Visa has chosen 22 startups for the fourth cohort of its Africa Fintech Accelerator, a 12-week digital programme geared toward scaling fintech options The programme is a part of Visa’s $1 billion dedication to Africa’s digital and monetary inclusion, pledged via 2027 Launched in 2023, the accelerator has supported 64 startups so far and facilitated practically 20 lively partnerships
Visa has chosen 22 startups for the fourth cohort of its Africa Fintech Accelerator, a 12-week digital programme geared toward scaling fintech options throughout the continent. The programme is a part of Visa’s $1 billion dedication to Africa’s digital and monetary inclusion, pledged via 2027.
Launched in 2023, the accelerator has supported 64 startups so far and facilitated practically 20 lively partnerships. Visa has additionally made strategic investments in six previous individuals. The most recent cohort consists of startups from 14 African international locations and can conclude with an in-person demo day.
Kenya leads the group with 5 startups: Lemonade Funds, Muda, Sevi, ShopOkoa, and Twiva. Nigeria follows with 4: PressPayNg, Shiga Digital, Startbutton, and Vittas. Different chosen ventures embody Flend and MNZL (Egypt), Hsabati and Woliz (Morocco), BigDot.ai and ChatCash (Zimbabwe), and startups from Uganda, Mauritius, DRC, Ghana, Botswana, Ivory Coast, and South Africa.
Functions for the fifth cohort are open till August 15 for MVP-stage fintechs primarily based in Africa.
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Key Takeaways
Visa’s Africa Fintech Accelerator displays the rising maturity of the continent’s fintech panorama. By specializing in MVP- and market-ready options, the programme identifies ventures prepared for speedy scaling and integration into international cost networks. The geographic range of the fourth cohort additionally alerts a broader pattern: fintech innovation is not restricted to Nigeria, Kenya, and South Africa. Startups from Botswana, DRC, and Mauritius are actually becoming a member of regional leaders in addressing core monetary infrastructure gaps–such as credit score entry, embedded finance, and service provider funds. Visa’s direct investments in previous cohorts counsel the accelerator serves as each a progress platform and a pipeline for strategic capital deployment. As international cost giants compete for market share in Africa, Visa is positioning itself as a long-term ecosystem builder, not only a funds supplier. With purposes open for the fifth cohort, the accelerator continues to supply a key gateway for African fintechs looking for validation, partnerships, and distribution at scale.
