12 °c
London
Monday, May 23, 2022
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Fintech

The Mastercard Start Path Global Network selects two African fintech startups

TechGist Africa by TechGist Africa
August 17, 2021
in Africa, Fintech, Startup
Reading Time: 3 mins read
792 25
0
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Mastercard Start Path will provide targeted support, access to consumers and product teams, and possibilities to co-innovate to 11 fintech startups globally.

Mastercard paves the way for innovators all across the world aiming to build platforms in areas like open banking, small business financial modeling, smart rental payments, and more.

Finmod, Flourish Savings, GenEQTY, Karri, KeyChain Pay, Kwara, Layer, Osper, Swap, upSWOT, and Wellthi were chosen to participate and are modernizing payments through gamification, behavioral science, social banking platforms, and more.

“We’ve witnessed great growth across the fintech ecosystem, and more people are benefiting from the digital economy than ever before,” Amy Neale, senior vice president, Fintech & Enablers, said. “Through Start Path, Mastercard provides a springboard for fintech startups that are promoting a more inclusive digital economy and assists them in speeding up the pace at which they are changing the world.”

Mastercard has a history of partnering with startups. Since its inception in 2014, Start Path has identified co-innovation opportunities and offered mentorship to more than 260 startups, who have raised more than $5 billion in funding.

Mastercard embraces chances to help and collaborate with digital players to unlock potential and build the next generation of commerce as the fintech ecosystem continues to evolve and diversify.

Also read: Mastercard Foundation gives US$1.3B for Africa vaccines

To quickly scale their businesses, the following startups have joined this growing network:

  • Finmod helps small and medium-sized businesses forecast financials 10 times faster and make financial decisions in real-time.
  • Flourish FI is an engagement and financial wellness platform for financial institutions, using gamification and behavioral science to empower individuals to establish positive money habits and achieve financial security.
  • GenEQTY offers a smarter digital banking solution to help small businesses and solopreneurs improve financial performance, manage business health and get faster access to funding through one central data-driven business hub.
  • Karri is a mobile payment app that facilitates fast and easy payments to schools and community organizations and provides parents a convenient way to manage their child’s money.
  • KeyChain Pay is a smart platform for landlords and tenants to collect and pay rent using AI and credit card tokenization.
  • Kwara is transforming credit unions into modern, digital banks with a credit union operating system and neobank experience for their members.
  • Layer’s digital banking platform delivers a blend of traditional and neo-bank capabilities from one platform, dramatically reducing cost, revolutionizing the customer journey, and enabling banks and non-financial institutions to become truly digital.
  • Osper empowers young people to earn, spend and save; its new B2B platform, Prosper, allows any company to launch their own youth card scheme in weeks at a fraction of the cost of building in-house.
  • Swap is a Brazil-based platform that empowers businesses to embed financial services to expand their footprint, deliver unmatched product experiences and boost their economies.
  • upSWOT offers a white-labeled business health dashboard that powers online and mobile banking platforms with 150+ API-enabled apps.
  • Wellthi builds social banking solutions to help clients leverage the power of AI, data, and online communities to attract and retain new customer segments by turning every card into a community.

Related

Via: Tech Gist Africa
Tags: africaAfrican fintechAfrican startupsfintechMasterCard FoundationMastercard Start PathStartupsThe Mastercard Start Path Global Network selects two African fintech startupsафрикаأفريقياアフリカ非洲
ScanSendShare327Tweet204Share57Pin74Send
TechGist Africa

TechGist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across.

Related Posts

Environment

Rich nations offer debt guarantees on South African climate deal

by FurtherAfrica
May 23, 2022
Ethiopia energy access
Trade

South Sudan and Ethiopia sign 100MW electricity trade agreement

by Energy Capital & Power
May 23, 2022
Venture Capital

South African TooMuchWifi raised US$1M pre-series A funding

by TechGist Africa
May 23, 2022
Development

EU provides €3M+ for urban development in Mozambique

by Club of Mozambique
May 23, 2022
South African stocks hit near 7-month highs
Banking

South Africa Investec nearly doubles annual profit

by FurtherAfrica
May 23, 2022
Great Limpopo Transfrontier Park
 
AFSIC 2022
 
MozParks

Translate this page

Read the Latest

Environment

Rich nations offer debt guarantees on South African climate deal

by FurtherAfrica
May 23, 2022
0

A group of the world’s richest nations offered South Africa debt guarantees as part of a proposed $8.5 billion deal...

Read more
Ethiopia energy access

South Sudan and Ethiopia sign 100MW electricity trade agreement

May 23, 2022

South African TooMuchWifi raised US$1M pre-series A funding

May 23, 2022

EU provides €3M+ for urban development in Mozambique

May 23, 2022
South African stocks hit near 7-month highs

South Africa Investec nearly doubles annual profit

May 23, 2022

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
Digilogic Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?