Ovamba was one of the 10 companies shortlisted to enter the Innotribe completion! We cannot forget the amazing innovative leadership of Prashant Mahajan, who’s creativity is at the heart of all we do!! Thanks to the entire Ovamba Leadership!!
Accelerator programme Innotribe choose 10 startups for the third edition of the Startup Challenge Africa, for secure financial messaging provider Swift’s African Regional Conference which took place in Abidjan, in the Ivory Coast.
The 10 were selected after 100 judges evaluated close to 100 applications. Applications came from a number of African countries with SA, Nigeria and Kenya filling up most of the positions.
“It is a pleasure for us to see the number of African startups applying to our programme growing year after year. Their calibre continues to impress, and there is no doubt they are going to play an important role in shaping the future of finance,” said Fabian Vandenreydt, Innotribe’s global head of securities markets and head of the Swift Institute, in a press release to Ventureburn.
Swift startups ‘to play an important role in shaping finance’
Participating startups are as follows:
- FinChatBot — An SA startup utilising chatbots to make financial services more inclusive.
- FINT — a Nigerian peer-to-peer lending platform providing users with access to affordable loans.
- Inclusiveft — a Ghanaian startup dabbling in verification API which helps businesses verify identities via digital channels.
- IroFit Technologies — a Nigerian startup which allows users to process in-store mobile or card purchases even when there’s no internet connection or not.
- Mobbisurance — an SA startup which offers emerging farmers with crop insurance.
- Ovamba — a Cameroonian startup which provides small businesses with short-term trade and growth capital.
- Releaf — a Nigerian startup which leverages big data analytics, allowing foreign investors to invest easily into African markets.
- Sokowatch — a Kenyan ordering and distribution network for small shop-keepers.
- ThisIsMe — a SA startup using proprietary technology to verify and secure your online experience.
- Vugapay — a Rwandan mobile wallet that can be recharged using Bitcoin, mobile money, debit and credit cards as well as from bank accounts.
“The Startup Challenge is an enriching experience for all participating companies. They benefit from expert mentoring and get that much-needed exposure to financial institutions,” said Vandenreydt.