Future of Farmers Financing Fintech Emata Wins CATAPULT: Inclusion Africa Award chronicle.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chronicle.lu Daily Mail and Mail on Sunday newspapers.
Emata Emerge as Winners of the CATAPULT: Inclusion Africa 2021
Emata Emerge as Winners of the CATAPULT: Inclusion Africa 2021
Emata has won the CATAPULT: Inclusion Africa 2021 prestigious accelerator program, with Mosabi and Nokwary Technologies coming in the second and third places respectively.
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Emata team pose for a picture as they celebrate after winning the CATAPULT: Inclusion Africa 2021 prestigious accelerator program. (PHOTO: Emata)
Ugandan fintech startup, Emata was selected on May 14th, 2021 as one of 14 companies to take part in the CATAPULT: Inclusion Africa 2021, has won the prestigious accelerator program, with Mosabi (Sierra Leone) and Nokwary Technologies (Ghana) coming in the second and third places respectively.
10 Fintech Startups Selected for Digital Catapult: Kickstarter Bootcamp chronicle.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chronicle.lu Daily Mail and Mail on Sunday newspapers.
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Lhoft Foundations selects 10 startups for Catapult bootcamp 27 May 2021
Source: LHOFT Foundation Catapult: Kickstarter 2021 is a four-week acceleration bootcamp, a brand-new programme developed by the LHoFT Foundation in close collaboration with the Ministry of Economy in Luxembourg. Over recent years Luxembourg has built up a supportive and robust Fintech startup ecosystem through collaboration between key public and private decision makers. The Grand Duchy has developed a critical support infrastructure that includes incubation facilities, accessibility to a mix of public and private funds, and engaged and open stakeholders from major international institutions that are willing to advise, collaborate and partner with new financial technology firms.
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Asilimia, a Kenyan fintech, has been selected alongside 14 Fintech start-ups to take part in the 2021 edition of Catapult: Inclusion Africa fintech bootcamp. Asilimia is an app that digitizes payments, enabling 90% savings on mobile money transactions fees for its users.
Through the bootcamp, the selected companies will benefit from mentoring, coaching, peer to peer learning and dedicated workshops. The workshops will be through various sessions including business model mapping, investment readiness, funding, and capital raising, social impact, scaling strategy, building teams and operational management.
This year’s bootcamp is the third edition, and is targeting companies focusing on financial inclusion in Africa. The program was developed by the Luxembourg House of Financial Technology (LHoFT) to highlight their initiatives that are aligned with the sustainability goals of the centre.