Launched in 2023 in line with Visa’s pledge 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 took part in the first programme 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 business banking platform; Orda, a Nigerian restaurant technology startup; WorkPay, a Kenyan HR and payroll management firm; and Kenya’s OkHi, an AI-powered address verification service.
