Visa Inc. has announced that it will be giving out $100,000 to a fintech company in adding to putting the company on the spotlight.
This was contained in a statement on their website announcing the 2021 edition of its Visa Everywhere Initiative – a global innovation program and competition for fintechs.
Visa is calling for fintechs around the world to pitch their ideas in regional competitions to a panel of expert judges from across the payments industry.
Participants are invited to submit applications in English to the CEMEA regional pitch before May 7, with the regional CEMEA finals scheduled for June 8 and global finals – for September 14, 2021.
All applicants from Sub Saharan Africa (SSA) are invited to compete first on a CEMEA stage to win a combined $25,000 in total prize and then on a global stage for a combined $100,000 in total prize money. and to tell their companies’ stories.
Aida Diarra Senior Vice President and Group Country Manager for Visa Sub Saharan Africa stated; “Supporting companies across the globe who are building solutions that power seamless money movement everywhere is a top priority for Visa. We recognize fintechs as a force for innovation that is core to our business and encourage everyone to apply to Visa Everywhere Initiative. I am looking forward to seeing the many brilliant ideas from South Africa, Kenya, Nigeria, and across SSA this year.”
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