Startup Réseau, an India-based accelerator, has selected 12 startups for its first East African thematic startup boot camp, focusing on fintech and providing access to technology loans and other sorts of support. All participating startups get USD 150 K worth of technology credits and support from partners.
The cohort comprises 12 startups from Kenya, Uganda, Tanzania, Rwanda, and Zambia. Kenya has five, including MotiGuy, an insurtech platform, SokoHela, a provider of MSME digital tools, PayLend, a credit management service, SafePay, and Chumz, a savings channel. Micro-credit platform Yassako, digital asset exchange gateway CoinPesa, and group contribution mobile app Mine App are Uganda’s three representatives. Tanzania has two, Dundiza, a wealth management platform, and Kikoba, a savings app. Zambian blockchain-powered SME and unbanked financial services platform Krypia and Rwandan micro-lending, payments, and money management platform Pay24 complete the list.