Old Mutual Hosts Startupbootcamp AfriTech FastTrack in Lagos!

FOR IMMEDIATE RELEASE

Old Mutual Hosts Startupbootcamp AfriTech FastTrack in Lagos to Source Disruptive Startup Talent – Apply Now!

Details for Startupbootcamp (SBC) AfriTech’s global FastTrack Tour for 2019 has been confirmed and the search is on for top-performing disruptive startups seeking solutions for positive change in Africa. Old Mutual and SBC AfriTech will co-host the Lagos FastTrack on 27 and 28 April 2019 where top-tier tech startups can meet with investors, mentors and corporate sponsors.

Applications for the Lagos FastTrack close on 24 April – apply HERE.

April, Nigeria – Startupbootcamp AfriTech is one of the most sought-after programmes for Africa-focused tech startups. In 2010, the Startupbootcamp programme was founded with a simple goal in mind: to support the world’s best innovators through all stages of growth. This led to the first-ever Africa-focused accelerator of its kind, namely Startupbootcamp AfriTech (SBC AfriTech), to launch in Cape Town in 2017.

In SBC AfriTech’s first two years, the twenty companies in the portfolio signed 52 pilots and commercial agreements with large corporations. In 2018, the programme was named the Top Accelerator on the continent by the Global Startup Awards.

Now, in its third consecutive year, SBC AfriTech is calling on high-growth startups in the tech industry to apply to a prestigious three-month programme to help companies scale in the global market – and they’re seeking Nigerian talent!

One of the tech startups selected for the 2018 SBC AfriTech cohort, was Nigerian-based FinTech Kudimoney.

“We are a digital-only bank focused on the Nigerian audience, and Kudimoney is solving the challenge of affordable banking,” states Babs Ogundeyi, CEO of Kudimoney, “Banking is notoriously expensive so, in essence, we provide free banking to the citizens of Nigeria. The greatest benefit of being part of the SBC AfriTech cohort is the access to knowledgeable mentors as well as just learning about the intricacies of running a startup and building a company to scale.”

FastTracks are informal events hosted all over the world. Its aim is for the SBC team, mentors and sponsors to have the opportunity to meet the most suitable early-stage companies interested in joining the 2019 programme.
For the Lagos FastTrack, the top ten startups to apply will receive instant feedback from a panel of industry mentors, be able to network with the SBC investment team and learn more about the SBC AfriTech.

“The SBC AfriTech FastTrack Tour for 2019 is an open canvas for forward-thinking startups to initiate a shift in traditional thinking while networking with hundreds of other innovative, like-minded people wanting to set new benchmarks in the African tech industry,” adds Nsovo Nkatingi, AfriTech programme director.
“The highlight of our time at SBC was the launch of our pilot,” adds Babs Ogundeyi, ““During the course of the SBC AfriTech programme, we launched the pilot of our Kudimoney current account and now we have about 500 people using the Kudimoney debit card.”

Over 9 months Kudimoney ran a beta version with 10 000 people that ended up saving more than $300k in goal-based savings.
“Through Startupbootcamp’s expansion to numerous countries in Europe, Asia and America, and now Africa, it’s clear that the accelerator movement has caught on quickly, showing a demand for ongoing support in a globally growing entrepreneurial community”, says Startupbootcamp founder and CEO, Philip Kiracofe.

The SBC AfriTech FastTrack Tour for 2019 will cover 19 events in 14 countries. Attending a FastTrack will boost your chances to join SBC AfriTech’s highly-acclaimed, intensive three-month programme with 20 percent.

To apply to the Lagos FastTrack, please visit http://bit.ly/ftapply19
SBC AfriTech sees the potential of African startups to solve real-world problems with disruptive technology. As part of a global family of industry-focused accelerators, the team believes in the power of Africa.

In 2018, 20 percent of the applications received from Startupbootcamp’s global family of accelerators came from African-based startups. Over the past seven years, the United States lead with the highest number of funding applications submitted, followed by India, United Kingdom, Nigeria, South Africa, Italy and Mexico.
SBC AfriTech is focused on high-growth startups in Big Data, Dashboard & Predictive Analysis, Process Automation & Simulation, Machine Learning, Content Aggregation & Knowledge Management, Digital Customer Journey, HealthTech, Sensors, Health Data Analytics, IOT & Asset Tracking, Distributed Ledgers, Digital Identity Management & Authentication, FinTech for Financial Management & Financial Inclusion, P2P and Sharing Economy, On-Demand Pricing, Usage-Based Solutions, Smart Mobility & Open Transportation Networks, RetailTech, Augmented Reality, Computer Vision and Sensors.

The accelerator is anchored and endorsed by leading corporate sponsors, Old Mutual, RCS, BNP Paribas Personal Finance, Nedbank and PwC, that will support and grow the program and the selected startups. Leaders from these corporates will be present at the FastTrack events to engage and mentor applicants.

Global sponsors include Google Cloud, Amazon Web Services, and Cisco, with service partners The Loudhailer, Brevity Law, Cloudworx, the Inner City Ideas Cartel and VC4A.
Interested startups can click here to find out more about the Lagos FastTrack and submit their applications.

End Notes: About the Programme
For more information about SBC AfriTech, visit www.startupbootcamp.org/accelerator/afritech and follow @SBCAfriTech on Twitter, Facebook and LinkedIn. Subscribe to YouTube.
For more information about Startupbootcamp, visit www.startupbootcamp.org and follow @Sbootcamp on Twitter, Facebook, LinkedIn, Google+, flickr and Instagram. Subscribe to YouTube.

ENDS

For more information on Startupbootcamp AfriTech or this release, please contact:
Mika Stanvliet | 081 534 6237 | mika@theloudhailer.org