Ugandan startup, Eversend, is one of eleven African fintech startups that have been selected to take part in the 2020 edition of CATAPULT: Inclusion Africa, which helps companies focusing on financial inclusion to scale.
CATAPULT: Inclusion Africa is developed by the LHoFT (The Luxembourg House of Financial Technology) Foundation and targets companies focusing on financial inclusion in Africa. It aims to build bridges between Africa and Europe.
The Bootcamp will leverage Luxembourg’s Inclusive Finance and Fintech ecosystem to support the 12 selected firms in developing their businesses and achieving their inclusion goals.
Fintech as a tool to bolster financial inclusion by helping banks and microfinance institutions to become more efficient and effective in reaching underserved market segments.
Building on the success and experience of the first CATAPULT: Inclusion Africa Bootcamp in 2018, this unique program is aligned with the sustainability goals of Luxembourg’s financial center.
Delivered in collaboration with key stakeholders from the microfinance, sustainable finance, and traditional finance sectors.
This acceleration program is a unique one-week program supporting the selected Fintech companies from all over Africa focusing on financial inclusion and keen to build bridges between Africa and Europe, highlighting their initiatives and very much aligned with the sustainability goals of Luxembourg’s finance center, where the potential is huge.
Eversend has been selected for the CATAPULT program alongside Tanzania’s investment robo-advisory platform A-Trader and digital wallet Dundiza , Nigeria – savings startup Esusu and insurtech startup PaddyCover. The others are Ivory Coast-based payments startup CinetPay, Rwandan savings startup Exuus, Ghanaian pensions startup People’s Pension Trust, Kenyan digital financial marketplace Pezesha, South African payments startup uKheshe, and UK-based financial services marketplace SympliFi.
ABOUT CATAPULT AFRICA:
CATAPULT Africa is provided by the LHoFT (The Luxembourg House of Financial Technology). The LHoFT Foundation is a public-private sector initiative that drives technology innovation for Luxembourg’s financial services industry, connecting the domestic and international Fintech community to develop solutions that shape the world of tomorrow.
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