Visa and Mastercard are pouring money into Africa
On January 29, about two weeks after it concluded its inaugural Africa Fintech Accelerator program, U.S. fintech giant Visa opened applications for the second cohort. In the first batch, teams from 23 African fintech startups had spent three months interacting with experienced mentors and investors, and learning about the latest technology in the sector.
Visa’s accelerator program was announced merely six months after Mastercard’s NGO, the Mastercard Foundation, launched a fund to invest in earl...
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