South African start-up API fintech Stitch, in partnership with Paystack and Disrupt Africa, is hosting a “Startup Showcase” to provide an opportunity for fintech start-ups from across the continent to share their solutions with local and global investors and share their solutions with local and global investors. access support.
the Point The API, live in South Africa and Nigeria, allows developers to connect to their users’ financial accounts in minutes, so they can verify identity, view transaction and balance data, and allow instantaneous and fraud-free bank payment.
This infrastructure makes it easier for companies to innovate, launch and scale financial products and services – including personal finance, lending, insurance, payment, e-commerce and wealth management solutions – and Moreover. Stitch also enables fintechs to work with traditional financial institutions in a safer and more compliant way.
The startup extended its funding round to US$6 million in October, and now wants to do its part to help other fintech companies raise capital and grow their businesses. Stitch is hosting a meetup for global fintech investors who want to learn more about the space in Cape Town at the end of February, and wants to highlight high-growth and early-stage startups from across Africa.
Applications for the showcase, for which Stitch has partnered with Paystack and Disrupt Africa, are open to early-stage (pre-Series A) FinTech or integrated finance companies from English-speaking African markets – South Africa, Nigeria , Ghana, Kenya, Egypt, Zambia, Tanzania, Uganda and Rwanda.
The participants will be selected by an independent jury. They will get the opportunity to pitch their business to global and local fintech investors and founders in Cape Town at fintech meet, receive support from Stitch team, access office hours with Stitch team members as needed. Selected startups operating in Nigeria and South Africa will also be offered six months of free access to the Stitch API, and all who apply will receive two months free.
A one-hour workshop with members of the Paystack team focusing on fundraising and growth is also up for grabs, while Nigerian, South African and Ghanaian startups will receive free payment processing from Paystack. Selected startups will also be featured in post-event coverage on Disrupt Africa.
The startup said its mission is to facilitate the launch and scale of innovative solutions for fintech companies on the continent, and the showcase is a way to leverage its network and resources to continue doing advance this mission.
“There are so many amazing and innovative financial solutions being launched across the continent all the time. At Stitch, our team knows firsthand how challenging it can be to create and scale these products – and to access funding, support and tools that can help. We are fortunate to be backed by some of the world’s best fintech investors, founders and builders, some of whom will be meeting in Cape Town in February. We have launched this showcase to provide businesses across the continent the opportunity to share their solutions with these investors and access support from our team and our partner, Paystack,” said Thea Sokolowski, Marketing and Communications Manager at Stitch.
Applications are open here until 23:59 SAST on February 10. The showcase will take place in Cape Town on February 25.