Visa, in partnership with Hong Kong-based venture capital firm and incubator Nest will run a four-day fintech bootcamp in Nairobi, Kenya, for innovative startups in Africa.
Nest mentors and Visa executives from Kenya, South Africa and the UAE will coach selected startups and connect them to the continent’s financial services firms.
The programme focuses on firms with ideas to foster financial inclusion and peer-to-peer or merchant payments. Selected participants will be allowed to explore Visa APIs and pitch for funding and resources from Nest to scale their business.
Jabu Basopo, Visa’s general manager for Southern and East Africa, says:“At its core, Visa is a technology company and we are constantly evolving to provide immersive, collaborative and localised experiences for our clients and partners in this region.”
Applications opened on 5 December 2016 and close at midnight on 10 February 2017. The four-day programme commences on 24 March 2017 in Nairobi at entrepreneurial members club Mettā, and concludes with a Demo Day, scheduled for 27 March 2017.
The Nest Ventures portfolio is primarily made up of market-validated startups from our corporate-backed innovation programmes, with a focus on FinTech, HealthTech and Smart Cities. They employ a hands-on approach in working with our portfolio companies, whether it be for fundraising support, client acquisition, industry expertise through our network of mentors or general business and strategic advisory.
Nest Ventures in short
Stage: Seed & Series A
Range of investment: 100k – 1mm USD
Industries: FinTech, HealthTech and Smart Cities
Geographies: Global, but with an active presence in Hong Kong or Southeast Asia