Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products.
The Amazon Web Services’ Startup Loft Accelerator team has announced the inaugural launch of its AWS FinTech Africa Accelerator, opening to pre-seed and seed stage fintech founders operating in Africa.
The accelerator aims to help Africa-based founders build companies to solve fundamental issues in payments, open/embedded finance, digital banking, blockchain, decentralized finance, fintech-as-a-service, and other fintech categories.
The AWS FinTech Africa Accelerator will accept applications from all early-stage fintechs operating in Africa between now and April 27, 2023.
Accelerator focused on building cloud-native fintech solutions
The equity-free accelerator program aims to support early-stage fintech companies with everything from technology, product development, go-to-market strategy, and preparing founders for the nuances and complications of fundraising.
The 10-week, virtual accelerator is designed to give CEO’s & CTO’s the necessary tools for unlocking meaningful growth and scale, while also connecting them with world-class mentors and a global network of AWS Startup Loft Accelerator alumni.
Given AWS’ industry-leading cloud infrastructure, the accelerator will work closely with CTO’s to prepare them with everything from recruiting world-class talent to managing an engineering team, building a minimum viable product, and design principles for cloud architecture.
Cohort participants are also eligible to join the AWS Activate program which will provide each startup with up to $25K USD in AWS Activate Credits along with an array of other services in addition to exclusive offers from AWS’ partner companies.
The AWS FinTech Africa Accelerator has the support of some industry leaders, including Techcabal, the Africa Fintech Summit, Lateral Frontiers, Unicorn Growth Capital, Vestbee, Stripe, and many others.
Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products.
