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PayDay: This fintech startup is simplifying how Africans send and receive money within and beyond Africa – Copy – Copy

StartUp Spotlight

Payday: This fintech startup is simplifying how African send and receive money in Africa and beyond

PayDay is a double dual-headquartered fintech company in Canada and Rwanda that has emerged as a game-changer, reshaping the landscape of financial services.

Since its inception, PayDay has been committed to fostering financial inclusion, easing access to credit, and promoting economic growth through innovative digital solutions.

Founded in 2021, the startup is on a mission to facilitate an inclusive, accessible, and connected global financial system for Africans no matter where they are.

By combining cutting-edge technology, PayDay is simplifying how Africans send and receive money within and beyond Africa.

Its cross-border payment feature is perhaps its most popular feature, enabling Africans to receive payments from outside the continent through USD, GBP, and EUR-denominated accounts.

It also issues virtual dollar cards, which users use for global payments, a handy feature for many Nigerians who struggle with obtaining foreign exchange for payments.

Throughout its growth journey, PayDay has introduced a suite of innovative financial products and services that leverage the power of technology to revolutionize traditional banking.

The startup’s remarkable journey demonstrates the transformative potential of financial technology in creating positive change.

By breaking down the barriers to financial access and fostering inclusive growth, PayDay stands as a beacon of hope, inspiring other startups and institutions to join the mission of financial inclusion and driving financial progress.

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Linda Bonyo

Linda Bonyo

Linda is a Kenyan lawyer and tech entrepreneur specializing in digital law.

She is the Founder of the Lawyers Hub , a Pan-African Digital policy and Justice innovation organization. Lawyers Hub is a Law-Tech startup working on digital policy and Justice innovation in Africa.

Driven by the need for sustainable and inclusive Tech Policy across the African Continent, the Lawyers Hub has brought together policymakers and prime movers from 20+ countries to engage in discussions and develop policy briefs on Data & Elections, Artificial intelligence, Digital Tax and Digital Identity amongst others.

Trained in commercial and immigration law, Linda founded Lawyers Hub to upskill African lawyers in technology law and train ecosystem players and governments to understand the policies that govern the tech industry.

 
 

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Ousmane Diagana

Ousamane Diagana is a Mauritanian economist dedicated to improving lives and fostering sustainable development in West Africa.

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Babs Ogundeyi

Babs Ogundeyi

Babs Ogundeyi is a Nigerian fintech entrepreneur known for his entrepreneurial spirit and vision in leveraging technology to solve real-life challenges, particularly in the banking and financial services industry.

He is the Co-Founder and CEO of Kuda Bank, a fintech company on a mission to make financial services more affordable, accessible and rewarding for every African.

 

Babs is a true visionary, breaking barriers and reshaping the banking landscape in Nigeria.

 

With Kuda Bank, he has challenged the norms, introducing a digital-only platform that empowers people with banking services at their fingertips.

 

Founded in 2019, Kuda Bank is the pioneer of Africa’s Neobanks/fintech generation by offering banking services that let consumers conduct all of their transactions without visiting a physical office.

 

Babs’ journey is an inspiration to aspiring entrepreneurs everywhere. With determination and ingenuity, he turned a simple idea into a disruptive reality, proving that with the right mindset, anything is possible.

 

His contribution to Africa’s fintech ecosystem has earned him several awards, and he has previously been named one of the most influential people in African technology by Forbes and The Africa Report.

 
 
 

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Mixo Ngoveni

Mixo Ngoveni is a visionary entrepreneur who has dedicated his career to promoting digital innovation and entrepreneurship in South Africa.

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Toyin F Sanni

Toyin F. Sanni is a true force of nature in the African business world, having demonstrated remarkable leadership, innovation, and resilience in driving growth and transforming the financial landscape in Africa.

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Hello Tractor: How this agritech startup is fueling agricultural prosperity in Africa

StartUp Spotlight

Hello Tractor: The agri-tech startup fuelling agricultural prosperity in Africa

Hello Tractor has emerged as a trailblazer in revolutionizing agriculture through cutting-edge technology.

Founded with a vision to address the challenges faced by smallholder farmers, Hello Tractor has become a beacon of hope, empowering the agricultural sector with innovative solutions.

Hello Tractor was launched in 2014 with a mission to empower smallholder farmers and promote sustainable agriculture through the use of technology.

Led by a team of passionate innovators, engineers, and agricultural experts, Hello Tractor aims to bridge the gap between farmers and the modern tools they need to thrive.

At the core of Hello Tractor’s mission lies a commitment to enhancing agricultural productivity, efficiency, and profitability for smallholder farmers.

Leveraging the power of IoT and AI, Hello Tractor has developed an integrated platform that transforms traditional farming practices.

The startup’s flagship offering is the Smart Tractor, a technologically advanced tractor equipped with IoT sensors.

This smart tractor can be accessed by smallholder farmers through a mobile app, allowing them to request tractor services easily and efficiently.

The platform enables farmers to connect with nearby tractor owners, creating an on-demand tractor service model that optimizes tractor utilization.

Through the Hello Tractor platform, farmers are also able to gain access to real-time data on tractor usage, fuel levels, and maintenance needs.

This data-driven approach enables farmers to make informed decisions, streamline operations, and improve overall farm efficiency.

The startup’s efforts have had a profound social impact, fostering agricultural sustainability, reducing rural unemployment, and empowering women in agriculture.

Hello Tractor’s innovative approach has earned them international recognition and numerous awards, solidifying its position as a leading force in the agritech

By empowering smallholder farmers with modern tools and knowledge, they have redefined the agricultural landscape in Nigeria, unlocking new opportunities for growth and prosperity.

As Hello Tractor continues to expand its impact and reach, its dedication to sustainable agriculture and farmer empowerment remains at the heart of its mission, inspiring hope for a thriving and resilient agricultural sector in Nigeria and beyond.

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Zuri Health: The Kenyan health-tech redefining accessible healthcare in Africa

StartUp Spotlight

Zuri Health: The Kenyan health-tech startup redefining healthcare access in Africa

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In the vibrant landscape of healthcare innovation, one Kenyan health-tech startup shines as a beacon of hope and transformation.

Zuri Health has rapidly emerged as a trailblazer in the Kenyan healthcare ecosystem, driven by a mission to make quality healthcare accessible to all.

The Kenyan healthtech startup is dedicated to bridging the healthcare gap by offering accessible, reliable, and affordable medical services to all Kenyans.

The word “Zuri” in Swahili translates to “good,” encapsulating the company’s core values of promoting good health and well-being for everyone.

Founded in 2018, Zuri Health’s mission centers around providing a comprehensive healthcare platform that integrates various services to cater to the diverse needs of the Kenyan population and beyond.

Through its mobile application and website, Zuri Health seamlessly connects patients to a range of healthcare services and resources.

One of Zuri Health’s flagship offerings is telemedicine, enabling patients to consult with licensed healthcare professionals remotely.

Zuri Health’s overarching mission is to democratize healthcare in Kenya by breaking down barriers to access, affordability, and quality.

By leveraging technology, they strive to empower individuals with the tools and knowledge necessary to take charge of their health and well-being.

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Oyin Solebo 

Oyin Solebo

Oyin is one of the remarkable figures making significant contributions to the tech and startup ecosystem in Africa.

As a seasoned investor, speaker, and Managing Director of ARM Labs Lagos Techstars Accelerator, she has played a pivotal role in nurturing innovation and empowering startups to thrive in the dynamic business landscape. Oyin’s journey in the world of technology and investment began with a passion for exploring new ideas and a relentless drive to make a difference.

Her foray into the world of investment was marked by her association with Techstars, a renowned global accelerator that provides mentorship, funding, and resources to startups. As the Managing Director at Techstars, Oyin took charge of the ARM Labs Lagos Techstars Accelerator, an accelerator program focused on supporting startups in Lagos, Nigeria.

In this role, she is the driving force behind the growth of numerous startups, providing them with the essential guidance and mentorship needed to navigate the challenges of entrepreneurship successfully.

 

Her expertise in investment and her keen eye for potential have helped many startups gain traction, secure funding, and scale their businesses. Oyin’s work extends beyond her role at Techstars.

 

She has become a prominent figure on the African tech scene, regularly participating as a speaker at various tech and entrepreneurship summits.

 

Through these speaking engagements, Oyin shares her insights, experiences, and industry knowledge with aspiring entrepreneurs, inspiring them to pursue their dreams and make a positive impact on the continent’s tech ecosystem.

 

Additionally, she actively advocates for diversity and inclusion within the tech industry, encouraging more women and underrepresented groups to pursue careers in entrepreneurship and investment.

 

By breaking barriers and challenging stereotypes, Oyin aims to create a more inclusive and equitable tech ecosystem where talent and ideas are valued above all else.

 
 

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Dr. Davis Musinguzi

Dr Davis Musinguzi

Dr Davis Musinguzi is a medical doctor and digital health entrepreneur who is making a significant impact on the healthcare landscape in Africa.

He is the co-founder and CEO of Rocket Health:  *280*6# For Cashless Healthcare, a digital health company that provides telemedicine, pharmacy delivery, and lab testing services in Uganda. He is also the managing director of The Medical Concierge Group, a digital health company that provides healthcare enterprise software and connected medical devices.

Dr Musinguzi has a Bachelor of Medicine and Surgery from Makerere University, an MSc in ICT from the University of Cape Town, and an MBA in Healthcare Management from the University of Oxford. He is a recipient of the Google Founders’ Award, the Microsoft Imagine Cup Award, and the Ericsson Innovation Award.

He is also a TEDx speaker and a member of the East Africa Healthcare Federation. Dr Musinguzi is a passionate advocate for using technology to improve access to healthcare in Africa and believes that digital health can help bring quality healthcare to people in rural areas.

His work has had a significant impact on the lives of people in Uganda and across Africa.

Rocket Health has provided access to healthcare to millions of people who would otherwise have been unable to afford it.

 

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Yoco: The South African Fintech Empowering SMEs with Innovative Payment Solutions

StartUp Spotlight

Yoco: The South African fintech empowering SMEs with innovative payment solutions

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In the vast landscape of African health-tech startups, LifeBank shines as a transformative force in Nigeria’s healthcare system.

The trend is primarily driven by technological advancements and changing consumer preferences.

Fintech startups have been at the forefront of these developments, with Yoco among the companies revolutionizing the sector.

Founded in 2015, Yoco has made strides in changing the payment industry in the country and empowering small businesses.

The fintech startup offers innovative payment solutions designed specifically for small businesses.

Recognizing the challenges entrepreneurs face in accepting electronic payments, Yoco set out to bridge the gap by introducing accessible, user-friendly, and technologically advanced payment options.

Yoco’s core offering is a range of Point of Sale (POS) devices and associated services that enable small businesses to accept card payments seamlessly.

In addition to the POS hardware, Yoco provides a robust mobile application that acts as a digital dashboard for merchants. This app allows business owners to track transactions, manage inventory, access sales insights, and gain valuable customer insights.

The startup’s mission is centered around empowering small businesses in South Africa. Their vision is to create an inclusive and vibrant economy by democratizing access to electronic payment systems.

Yoco aims to foster economic growth, drive financial inclusion, and boost entrepreneurship in the region by levelling the playing field and enabling businesses of all sizes to accept card payments.

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FarmCrowdy: The Nigerian ag-tech startup revolutionizing agriculture and empowering farmers

StartUp Spotlight

FarmCrowdy: The Nigerian ag-tech startup revolutionizing agriculture and empowering farmers

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In recent years, the Nigerian agricultural sector has experienced a significant transformation thanks to the groundbreaking efforts to agri-tech startups. 

FarmCrowdy is among the innovative startups that have emerged as a driving force in the country, revolutionizing the way agriculture is practiced, empowering small-scale farmers, and fostering sustainable development.Founded in 2016, FarmCrowdy is a pioneering Nigerian agri-tech startup with a vision to revolutionize agriculture in Africa.

After its launch, the startup set out on a mission to connect small-scale farmers with sponsors willing to invest in their farms. By leveraging the power of technology and crowdfunding, FarmCrowdy sought to address critical challenges faced by farmers and create a thriving ecosystem for agriculture.

At its core, FarmCrowdy operates a digital platform that bridges the gap between farmers and sponsors, allowing sponsors to invest in various agricultural ventures. The platform gives farmers access to much-needed capital, resources, and expertise, enabling them to increase their productivity and efficiency. In return, sponsors receive returns on their investments from the farm’s profits.

By providing farmers with financial resources, training, and technological assistance, FarmCrowdy aims to empower small-scale farmers and enhance their livelihoods. The startup is also committed to contributing to Nigeria’s food security by promoting efficient agricultural practices and increasing crop and livestock yields.

FarmCrowdy believes in harnessing the power of technology to revolutionize the agricultural landscape of Nigeria. By integrating digital solutions, data analytics, and remote monitoring, they enhance transparency, productivity, and sustainability. Since its inception, FarmCrowdy has achieved remarkable milestones and garnered recognition for its impactful work in the agri-tech and entrepreneurial domains. 

In conclusion, FarmCrowdy stands as a shining example of the transformative power of technology and crowdfunding in driving agricultural development and empowering farmers.  Their journey serves as an inspiration to other startups and organizations aspiring to make a positive impact on society while driving innovation.

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