Visa Launches Fourth Africa Fintech Accelerator to Empower Startups

Visa has unveiled the fourth edition of its Africa Fintech Accelerator, a three-month program designed to support startups with mentorship, technological tools, and funding opportunities. Applications are open until March 15, 2025.

First launched in 2023, the accelerator is a cornerstone of Visa’s pledge to invest $1 billion in financial inclusion across Africa by 2027. Over three cohorts, the program has already supported 64 startups, with 15 forming active partnerships with Visa. Notably, four participants from the inaugural 2023 cohort recently secured strategic funding directly from Visa.

The accelerator continues to prioritize innovative fintech solutions that advance financial inclusion and drive economic growth across the continent. With Africa’s fintech sector projected to exceed $150 billion by 2025, Visa’s initiative highlights its strategic commitment to fostering innovation in the region.

Startups participating in the program gain access to Visa’s extensive industry networks, resources, and infrastructure, providing them with critical tools to scale their solutions. Past successes demonstrate the program’s transformative impact, helping shape Africa’s digital payment landscape and aligning with global trends of investment in the continent’s rapidly expanding fintech ecosystem.

For emerging startups, Visa’s Africa Fintech Accelerator offers a unique opportunity to tackle financial inclusion challenges while leveraging Visa’s expertise and infrastructure to drive growth and innovation.

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