Global payment card network Visa has opened applications for the fifth edition of its biannual Africa Fintech Accelerator, which provides ventures with access to tools, industry connections, and mentorship to help them scale their innovative solutions.
Launched in 2023 in line with Visa’s pledge to invest US$1 billion in financial inclusion in Africa by 2027, the Africa Fintech Accelerator has so far accelerated dozens of startups across four cohorts, with almost 20 active partnerships now in place.
Four startups that took part in the first programme in 2023 recently secured strategic funding from Visa, while it also recently invested in two ventures from the third programme.
Startups are now invited to participate in the fifth edition of the three-month initiative, which is designed to provide mentorship, technological resources, and funding opportunities.
Applications are open here until August 15.
