10 startups chosen for Barclays Accelerator in Cape Town
Summary
Ten fintech startups from across Africa and beyond have been selected to participate in the second Barclays Accelerator programme in Cape Town, powered by Techstars. “Our diverse, ambitious, and growth-hungry African continent with its young population is finding a growing self-actualisation momentum now more than ever, with the largest segment being the millennials,” said Yasaman Hadjibashi, chief creation officer at Barclays Africa Group. “Through our deep and lean collaborations with fintechs, and in fact all kinds of startups, we aim to further drive this momentum that can result in the creation and accelerated distribution of new products, experiences, and services that will make a difference for our African communities.” Applications were received from fintech startups in 52 countries, with the 10 selected after a competitive process. The best fintech solutions could be made available across the Barclays Africa Group footprint, and participants could have the opportunity to leverage the bank’s expertise and technology teams. “Each of the 10 successful companies represented something unique that we believe has the potential to become a significant and relevant player on a global scale,” says Yossi Hasson, managing director (MD) of Techstars.