Skip to content

Fintech Awards for Financial Inclusion

10 Southern African startups have received awards for their solutions to bridge the gap in financial access for underserved communities as part of the Fintech Challenge organised by the Southern Africa Innovation Bridge Portal supported by the World Bank to crowd-source new and impactful ways to utilise the latest innovations in fintech. The initiative was aimed at providing low-cost and appropriate savings and de-risking products for the low- and middle-income market and lending solutions for SMEs. In all, 10 Southern African startups were each awarded US$5,000 to get their businesses investment-ready. SA was home to 6 of the winning startups, namely abela, Bento Technologies, Fintr, Moya Money, Sum1 Investments, and Thumeza; 2 were from Lesotho – Chaperone and Prime Capital – while there was 1 each from Botswana (Ipachi Capital) and Namibia (FundRoof).


Alastair Tempest

Become a member

Join the Ecommerce Forum South Africa and benefit from industry insights in South Africa and Africa.

Sign up to newsletter

Sign up to our newsletter and stay informed of the progress we are making at the Ecommerce Forum South Africa with government during Coronavirus.