Names of 12 startups announced for Village Capital Fintech Africa 2018
Summary
“We specifically sought out startups that address insurtech, pensions and savings, cooperative finance, and financial literacy; leverage data for credit scoring and consumer insights; and apply fintech to our other sectors of interest: agriculture, energy, education, and health,” said Wrobel. During the workshops, which aim to make the companies more investment ready, the startups will work with potential customers, strategic partners, mentors, investors, financial services experts and Pay Pal employees. FPESA: Founded in 2015, this startup’s service enables users to obtain alternative quotes, negotiate online, convert and settle foreign currency transactions. Tulaa: Founded in 2016 and based in Nairobi, with operations in Ghana, this mobile-based marketplace enables smallholder farmers to access agricultural inputs, affordable finance and markets. Patasente Inc: This Kampala-based online supply chain financing platform enables businesses undertake eprocurement, settle payments and receive working capital loans against orders and invoices.