Five Fintech start-ups are ready to pitch their business models to investors, the ARM Group and Greentec Capital Partners have announced.
The presentation, which will take place virtually on Thursday during the Demo Day for the ARM Labs Innovation programme, will also give the five budding start-ups the opportunity to get funding support via Accelerator Programme.
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“Following a robust accelerator programme, which includes working with a Silicon Valley mentor within their specific domain expertise, the selected start-ups are ready to pitch their business models to investors,’’ ARM and Greentec said in a joint statement on Tuesday.
The selected start-ups for the ARM Labs Innovation Demo Day include Toju, a record management platform for thrift collectors, microfinance institutions, and cooperative societies; Regxta, a digital credit platform that provides quick and easy access to financial services for unbanked people and micro-business owners in Africa. With just a smartphone, a community agent can offer financial products to clients.
Others are Crediometer, a Fintech created to build banking for start-ups and growing businesses of all sizes – they aim to power the next generation of companies shaping the industries; Trade Lenda, a technological solution providing accessible financing to small businesses across Africa; and Keble, a Proptech designed to break the barriers faced by young Africans in the real estate market. With this platform, Africans can own properties and build wealth for as low as $10.
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