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Fintech Startups! Apply to Barclays Africa and Techstars 13 Week Accelerator Programme South Africa

Fintech Startups! Apply to Barclays Africa and Techstars 13 Week Accelerator Programme South Africa

Loads of opportunities for fintech startups! What exactly is an accelerator programme in the context of startups and where can you find one? How can you apply? We haven’t got a full list of all the startup accelerator programmes out there but this is for sure something you should consider if you’ve got great ideas.

An accelerator in sum is a three month intensive programme which is believed to assist participating start-ups advance their businesses significantly. An accelerator is built on four points; seed investment, co-working space, mentoring and a demo day. The most popular programmes are by Savannah Fund, She Leads Africa, Merck Accelerator and Barclays Accelerator.

Barclays and Techstars have pulled forces to unveil the Barclays Accelerator programme, an initiative aimed at uncovering the next M-Pesa or Paypal by working with exceptional fintech entrepreneurs innovating Africa’s financial services industry.

Barclays Africa and Techstars will be looking out for 10 qualifying fintech startups, to take part in a 13-week programme beginning in May next year, based out of the Rise fintech innovation hub in Woodstock, Cape Town. South Africa is fast becoming a fintech hub but fintech in Kenya is not to be taken foregranted.

Yasaman Hadjibashi, business, data and technology executive at Barclay Africa explains what leading the innovation agenda for the bank means: “Africa has tremendous untapped potential to not only pioneer its own creative solutions for its unique contexts but to also create solutions that the rest of the world can adopt for their own contexts.”

According to the Disrupt Africa African Startups Funding Report 2015, 29% of investment in African tech startups goes to those focused on fintech, suggesting a substantial opportunity for innovative ventures in the sector.

What to expect: Selected startups will be given the opportunity to enter or expand their presence in the African marketplace via Barclays Africa Group’s customer, product, and technology teams. Leveraging the global footprint of Rise, the selected startups will also have the chance to scale globally through Rise sites in London, New York, Mumbai, Tel Aviv and Vilnius. The Accelerator offers companies an advantage over others by providing a proven curriculum, and lifelong access to the Techstars global network of mentors, investors and venture capitalists.

How to Apply: Click this link to apply https://www.f6s.com/barclaysaccelerator-africa

Deadline: February 5th, 2017 for this opportunity to take their venture to new heights.

For more information, please visit: http://www.barclaysaccelerator.com/#/cape-town/ or contact emily.skinstad@techstars.com

Image Credit: Techstars

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