Visa has announced the launch of its Africa Fintech Accelerator program to foster the growth of fintech startups across the continent by providing expertise, connections, technology, and funding. Startups can apply to join the program during two application phases each year starting from July 2023.
“The Visa Africa Fintech Accelerator will enable up to 40 start-ups each year to accelerate and grow through a three-month intensive learning program focused on business growth and mentoring. Following the program completion, Visa intends to further support fintech growth with capital investment in select participating businesses, while accelerating their commercial launch through access to Visa technology and capabilities.
The 6-week virtual programme launches in August
and provides mentorship and support to organisations wanting to build and scale their WhatsApp Health service.
10 organisations will receive US$ 25,000 in prizes to launch and scale a live chat service on the WhatsApp Business Platform.
Mentorship from Agency Fund, WhatsApp and experts in behaviour change, conversational design and AI technology.
Attendees will have the opportunity to learn from world-class organisations that have achieved successful outcomes in building chat services for health. They will join a community of like-minded peers dedicated to utilising chat platforms to enhance people's health and well-being.
Organisations will be selected based on their ability to demonstrate a clear understanding of the problem they aim to solve using WhatsApp, as reflected in their theory of change.
They should be committed to building and scaling a WhatsApp chat service, including having the required team and time resources. Selected organisations should ideally have a WhatsApp Business account already.
Following interviews with shortlisted organisations, a judging panel will select ten organisations to participate in the Accelerator Programme.
Organisations will receive ongoing mentorship and financial support (US$ 25,000 each) to build and scale their WhatsApp service to enhance their work in Health.