13 February 2020
The LHoFT has announced the 11 Fintech startups selected to take part in the 2020 edition of CATAPULT: Inclusion Africa.
Building on the success of our 2018 edition, CATAPULT: Inclusion Africa is a unique program of Fintech startup development. Developed by the LHoFT Foundation, the program targets companies focusing on financial inclusion in Africa, aiming to build bridges between Africa and Europe, highlighting their initiatives and very much aligned with the sustainability goals of Luxembourg’s finance centre.
CATAPULT: Inclusion Africa is sponsored by the Ministry of Foreign & European Affairs – Directorate for Development and Humanitarian Affairs, and supported by key strategic partners such as InFine, University of Luxembourg, Professors without Borders, ADA, LuxFlag, Innpact, House Of Training, MicroInsurance Network, CGAP, Micro Insurance Network, Luxembourg Microfinance and Development Fund, Social Performance Task Force, and United Nations University Centre for Policy Research, and KAP Innovation in Frontier Markets. CATAPULT: Inclusion Africa is leveraging Luxembourg’s Inclusive Finance and Fintech ecosystems, as well as our partners, to support the selected firms in developing their businesses and achieving their inclusion goals, creating synergies between them, partners, sponsors, investors, Microfinance institutions (MFI) and Public Financial Institutions (PFIs).
CATAPULT: Inclusion Africa will once again leverage Luxembourg’s Inclusive Finance and Fintech ecosystems, as well as LHoFT partners, to support the selected firms in developing their businesses and achieving their inclusion goals, creating synergies between them, partners, sponsors, investors, Microfinance institutions (MFI) and Public Financial Institutions (PFIs).
CATAPULT: Inclusion Africa will provide a tailor made program with intensive mentoring, coaching, peer to peer learning and dedicated workshops for the selected Fintech startups. The program will include sessions on business model mapping, investment readiness, funding and capital raising, social impact, scaling strategy, building teams, operational management, advisory meetings with investors, and pitch development.
The 11 Fintech startups are:
Get to know them by click here
Source: The LHoFT
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