Launched in 2023, in line with Visa’s commitment to invest US$1 billion in financial inclusion in Africa by 2027, the Africa Fintech Accelerator has so far accelerated 45 startups across two cohorts, with 15 active partnerships now in place. The 23 startups that participated in the first program last year received mentorship, technology credits and opportunities to connect with potential investors during demo day, but only four were selected for strategic investment from Visa . The selected startups were Oze, a Ghanaian corporate banking platform; Orda, a Nigerian restaurant technology startup; WorkPay, a Kenyan human resources and payroll management company; and Kenya’s OkHi, an AI-powered address verification service.
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