1 Out of 20 Startups Selected for the Google for Startups Accelerator Africa (5th Edition) is a Blockchain Fintech

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20 startups have been selected as part of the 5th edition of Google for Startups Accelerator Africa Program.

One of the startups is a Tunisian blockchain-based fintech called Kaoum.

SEE ALSOOut of the 25 innovators Selected to Pitch at the NEF Competition, 2 are Blockchain-based

Formerly, the Google Launchpad Accelerator Programme, the initiative, which launched in 2018, has worked with 47 startups across 17 African countries during the last four editions.

The 3-month programme includes:

  • Access to Google engineers and intensive mentoring from 20+ teams
  • Access to Silicon Valley experts and top local mentors
  • PR training and global media opportunities
  • Close partnership with Google for three months (new classes are accepted twice a year)

Due to the ongoing Covid-19 pandemic, the 2020 programme has been moved online and startups will be required to participate remote from June 29th – September 11th, 2020.

Below is a list of the 20 startups selected for the programme:

  • Adi+Bolga (Ghana) – A Ghanaian health startup offering virtual skincare consultations and accurate personalized product recommendations to consumers
  • AmiTruc (Kenya)  – A logistics platform seeking to bring trust, transparency and efficiency to logistics by using technology to connect cargo owners and transporters in Kenya
  • Beamm (South Africa) – A South African media startup enabling users make Hollywood style CGI and VFX videos with ease
  • BuuPass (Kenya) – A transport startup working with transport operators to provide digital solutions that seamlessly facilitate convenient and reliable movement of commuters in Kenya
  • CredPal (Nigeria) – Nigerian fintech startup developing consumer credit infrastructure to ease consumer credit purchase, and enable retail businesses to provide on-demand credit for consumers in Africa
  • Curacel (Nigeria) – A Nigerian Claims & Fraud Detection Platform for African Insurers
  • Crediation (Kenya) – Kenyan fintech startup empowering tech startups to lend to their customers via APIs and a dashboard to allow its partners access funds for lending and process loans
  • Crop2Cash (Nigeria) – An offline accessible platform for farmers making it possible for them to pay, get paid, access agricultural credit via USSD while assuring financial institutions of their lending capital in Nigeria
  • Franc (South Africa) – A South African investment app that helps first time investors realise their dreams by providing access to the best cash and equity funds without minimums or restrictions
  • Ilara Health (Kenya) – A Kenyan SaaS healthtech service bringing essential diagnostic support and impactful software products to patients and providers across peri-urban sub-Saharan Africa who currently are unable to access these basic life-saving tools
  • Judy (Nigeria) – Nigerian legal startup offering a smart, comprehensive database of African case law and legislation
  • Kaoun (Tunisia) – A Tunisian blockchain-based fintech enabling unbanked and underbanked individuals and businesses access to financial services through identification, payment and credit solutions
  • Thumeza (Zimbabwe) – A next-generation logistics platform utilizing data in order to optimize the logistics function for enterprises in Zimbabwe
  • UzaPoint (Kenya) – A Kenyan enterprise retail planning tool and platform that enhances the efficiency, profitability and business intelligence of small scale businesses
  • ZayRide (Ethiopia) – A transport service providing reliable, timely, and safe cab services using technologically enabled dispatch systems and integrated mobile money systems for payment
  • Zuka Data Science (Kenya) – A Kenyan edtech blended learning platform with engaging Data Science programs designed by experts to enable individuals and organisations at all levels become Data Fluent

Kaoun has built Flouci, a payment solution that offers e-KYC, mobile payments and credit solutions built with distributed ledger technology. Flouci is a mobile wallet that allows merchant payments, cash in/cash out operations, peer to peer transfers, and domestic remittances especially designed to reach those currently excluded from formal financial institutions.

For the already banked population, it offers a more reliable and convenient suite of financial services.

 

 

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