Visa Launches Africa Fintech Accelerator Program
Summary
Fintech startups throughout Africa can apply to be part of the program through two application phases each year, starting from July 2023. • Launching the first dedicated Visa Sub-Saharan Africa Innovation Studio, in Nairobi, Kenya, to provide a state-of-the-art environment to bring together clients and partners to co-create future-ready payment and commerce solutions. • Launching new programs to support women’s empowerment together with financial partners, including She’s Next, which is bringing funding, mentoring and networking opportunities to female entrepreneurs leading growing SMBs in Egypt, Kenya, Morocco, and South Africa. • Collaborating, with partners, to advance financial literacy in several languages, including the first Arabic version of Practical Money Skills in Egypt. In addition to monetary prizes, VEI winners gain access and exposure to Visa’s networks of partners in the banking, merchant, VC, and government sectors.