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Unlock the potential of your startup and accelerate its success in the dynamic fintech landscape with the Visa Accelerator program.
This groundbreaking initiative aims to connect Africa’s brightest minds with experienced mentors, cutting-edge technology, and unparalleled investment opportunities.
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Are you prepared to disrupt the industry, revolutionize finance, and make a lasting impact in the ecosystem?
Embark on this exciting 3-month journey to propel your startup towards unprecedented growth and recognition. It’s time to unleash your entrepreneurial spirit and carve a path to success in the vibrant fintech sector.
Benefits
Knowledge and Expertise
– Gain a competitive edge with a tailored program covering product design, marketing, finance, sales, and more.
– Receive expert guidance and strategic insights to accelerate your startup’s growth and unlock its full potential.
Mentorship
– Access 1:1 mentoring from experts and founders in the ecosystem from Africa and beyond.
– Learn from the experiences of others to solve your challenges.
Visa Specific Training
– Benefit from exclusive Fintech and payment training modules designed by Visa.
– Enhance your understanding of the fintech landscape, payment ecosystem, and industry best practices.
– Gain access to Visa’s developer portal and experiment with Visa products and services.
Funding
– Secure the funding needed to bring your innovative ideas to life.
– Showcase your startup during the Demo Day for a chance to be considered for investment opportunities by Visa, Plug and Play, and the wider Venture Capital community.
Partnership Opportunities
– Forge powerful partnerships that can drive your startup forward.
– Open doors to valuable collaboration opportunities with industry leaders, innovative companies, and strategic partners.
Product Perks
– Access a wide selection of product perks and discounts from over 100 vendors, offering a combined value of over $200,000.
– Enjoy perks such as AWS product credits, mentorship, and fintech-specific training modules.
Who Should Apply
If your team has already designed a minimum viable product related to the proposed challenges or has a market-ready solution, you are the right fit for the program.
Stage: Seed to Series A startups with at least an MVP
Solution: Building a solution addressing one of our themes
Traction: Market-tested solution that has gained traction
Geography: Existing operations in Africa or demonstrated commitment to expand in Africa
Opportunity Areas
We are seeking the best and brightest companies to address the following themes. If you believe your company is building solutions in one or more of these areas, you are welcome to apply and join the Visa Accelerator program.
Are you prepared to digitize cash-intensive P2P, B2C, B2B, and G2C payments to generate new commerce opportunities?
- Streamlining cross-border remittances and funds disbursements
- Developing finance management platforms for B2B (e.g., payables, receivables, procurement, etc.)
- Exploring opportunities in social commerce and the creator economy
- Optimizing government disbursements, collections, and payouts
- Implementing open banking and account-to-account solutions
- Providing Treasury-as-a-Service solutions
- Enhancing mobile money flows and Interoperability
Embedded Finance
Are you developing sophisticated intelligence solutions to elevate payment and finance experiences in B2C and B2B commerce models?
- Offering installments and flexible financing models
- Managing transactions effectively (e.g., sustainability tracking, transaction controls, PFM)
- Implementing consumer loyalty and rewards programs
- Providing Banking-as-a-Service solutions
- Offering Fintech-as-a-Service solutions
- Empowering merchants and SMEs
Empowering Merchants and SMEs
Are you focused on accelerating the growth of merchants and SMEs through digital payment solutions to promote financial inclusion?
- Advancing next-generation omnichannel online and face-to-face payments
- Introducing installments, POS financing, and BNPL solutions
- Providing financing, alternative lending, and risk mitigation structures
- Offering merchant value-added solutions (e.g., working capital optimization, supplier marketplace, inventory management, etc.)
- Implementing merchant loyalty and engagement programs
Payment Infrastructure Enablers
Are you dedicated to resolving the foundational layers of payment infrastructure and essential enabling services?
– Developing authentication and fraud solutions
– Managing KYC, customer onboarding, and identity management
– Facilitating payment processing
– Enabling B2B platforms
– Providing credit scoring and risk management solutions
– Offering data solutions and insights
The Future of Finance
Are you at the forefront of payment and Fintech, integrating cutting-edge technology to shape the future of finance?
– Integrating AI/ML into payment solutions
– Utilizing blockchain and decentralized technologies
– Implementing programmable money solutions
– Addressing crypto risk, fraud, data, and intelligence
– Developing custodial and non-custodial infrastructure
– Exploring CBDC and stablecoin solutions
Sustainable and Inclusive Finance
Are you leveraging payment technology to contribute to a more equitable and inclusive financial system, reduce inequality, and create positive impacts for people, economies, and the environment?
– Providing financial services for underserved or climate-vulnerable communities
– Offering affordable and accessible financial solutions
– Implementing impact management and measurement practices
– Focusing on carbon footprint and climate-neutral solutions
Application Deadline: 18th February 2024.
