Global payments leader Visa has officially opened applications for the fifth edition of its Africa Fintech Accelerator, a flagship initiative designed to nurture and scale high-potential fintech startups across the continent. This three-month accelerator programme offers selected ventures access to expert mentorship, cutting-edge technology, strategic industry connections, and potential funding opportunities.
Launched in 2023, the Africa Fintech Accelerator forms a key part of Visa’s wider commitment to invest US$1 billion in Africa’s digital transformation and financial inclusion by 2027. Since its inception, the programme has supported dozens of startups across four successful cohorts, helping them refine business models, expand market reach, and unlock new growth prospects.
To date, the accelerator has facilitated nearly 20 active partnerships between Visa and participating startups. Notably, four startups from the inaugural 2023 cohort have secured strategic funding directly from Visa, while two ventures from the third cohort have also received investment, highlighting the programme’s role as a launchpad for long-term collaboration and capital access.
The fifth cohort is now open to early- and growth-stage fintech companies operating across Africa, particularly those offering innovative solutions in payments, lending, digital banking, financial literacy, and cross-border commerce. Selected startups will benefit from: Tailored mentorship from Visa executives and industry experts, access to Visa’s global network of partners, clients, and investors. Technical support and product development resources as well as opportunities for strategic investment and commercial collaboration.
Applications for the fifth cohort are now open, with the programme set to commence later this year.
Interested startups can apply via Visa’s official accelerator portal.
No comments:
Post a Comment