StartupbootCamp (SBC) is back for its second edition. And the selection process for the top 10 startups has already begun, with 8 Nigerian startups participating.
The programme invited 22 startups from across Africa to pitch their ideas and innovations before a group of high profile investors, entrepreneurs, and tech industry experts.
.@pkiracofe, co-founder and CEO of #SBCAfriTech welcoming the 22 shortlisted African #tech #startups to Cape Town for #sbcSelectionDays taking place over the next two days. Watch this space to see who makes it into our Top 10 for 2018! pic.twitter.com/CPRO4lxfxN
— SBCAfriTech (@SBCAfriTech) July 10, 2018
Following the pitching event, the Top 10 startups will be announced and invited to join the StartupBootCamp Accelerator programme which begins in August.
The 3-month bootcamp programme helps startups scale quickly and push their innovations to the market. Each start-up gets €15,000 and access to the bootcamp’s network of mentors from various tech domains, such as FinTech, InsurTech and RegTech industries. Other perks include free office space, and access to funding from a network of industry partners, investors, and venture capital firms.
Meet the Eight Nigerian Startups Participating in StartupBootCamp
Interestingly, eight Nigerian startups were invited to participate in the pitching session. They include Bankly Technologies, Biyabot, CredPal, FriendsVow, Kudimoney Bank, Medikal HMS, NebulaPay, and ZEEZZ Planet Solutions.
Here’s a summary of their innovations.
Alongside 21 other startups @BanklyNG is at CapeTown,SouthAfrica, for the @SBCAfriTech 2018 Final Selection Event. Can you spot our CEO at the Pitch Practice session #GoBankly !! #FinancialInclusion #SBCselectiondays https://t.co/AEQPNPLele
— Bankly (@BanklyNG) July 10, 2018
Bankly Technologies: Founded by Ifeanyi Aneke and Tomilola Adejana, Bankly Technologies, Bankly is a FinTech company supporting financial inclusion. The startup operates a goal-based digital saving and peer-to-peer transfer product where users fund their wallet using tokens available on Bankly vouchers nationwide in a “Recharge to save” model.
BiyaBot: BiyaBot is a payment solution startup but with a twist. The startup is a utility that allows you to make payments seamlessly over a conversational interface. You can buy airtime, pay utility bills, subscribe to the internet, TV etc. and transfer money simply via chat.
What are your needs? CredPal got you covered.. Ranging from gadgets to Appliances and many more..
Trust CredPal to handle your needs and wants.. pic.twitter.com/hdFeyob49Z
— CredPal (@CredPal) June 26, 2018
CredPal: The startup is a quick loans provider like PayLater.ng. CredPal uses basic information about users to make loans to them. With simple details like utility bills, ID card, address and bank account statement, CredPal can compute a credit score for customers and set a limit on how much they can borrow.
FriendsVow: This is another FinTech startup. FriendsVow connects users and cooperatives, with access to multiple streams of credit daily. It is a peer-to-peer borrowing network, promising “zero-default” on payments.
. @Kudimoney is a zero charge full service digital only bank making banking more accessible for Africans. Listen to CEO @BabsOgundeyi by 12:30 pm on @ClassicFM973 FM as he shares more about the fintech startup and its audacious vision.
Tune in online https://t.co/18NPaoeMAJ pic.twitter.com/VvfG03PTKA
— eDigitalAfrica (@EDigitalafrica) June 6, 2018
Kudimoney Bank: KudiMoney is like a virtual. It saves money for its users and collects no fees on its current account users. It also offers higher interests on savings and aims to help people improve their savings culture.
Medikal HMS: Medikal HMS is an ecosystem of tools and services for the healthcare industry. It is a SaaS platform for healthcare organisations, helping them to manage important data such as patient record and inventory.
At one of the @SBCAfriTech mentor sessions @nebulapay_ co-founder pitching to one of the sponsors @RCSGroup_. #sbcfinalselectiondays https://t.co/i3bQgMpRYo
— NebulaPay (@nebulapay_) July 11, 2018
NebulaPay: Another FinTech involved in the payments processing space. NebulaPay uses a chatbot to facilitate secure payments on recurring items such as recharge cards, utility bills, and DStv subscription.
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