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Asilimia, a Kenyan fintech, has been selected alongside 14 Fintech start-ups to take part in the 2021 edition of Catapult: Inclusion Africa fintech bootcamp. Asilimia is an app that digitizes payments, enabling 90% savings on mobile money transactions fees for its users.
Through the bootcamp, the selected companies will benefit from mentoring, coaching, peer to peer learning and dedicated workshops. The workshops will be through various sessions including business model mapping, investment readiness, funding, and capital raising, social impact, scaling strategy, building teams and operational management.
This year’s bootcamp is the third edition, and is targeting companies focusing on financial inclusion in Africa. The program was developed by the Luxembourg House of Financial Technology (LHoFT) to highlight their initiatives that are aligned with the sustainability goals of the centre.
The Alliance for Financial Inclusion
The Alliance for Financial Inclusion (AFI) is the world’s leading organization on financial inclusion policy and regulation. Currently, nearly 100 member institutions make up the AFI network including central banks, ministries of finance and other financial policymaking or regulatory institutions from over 85 developing countries and emerging markets. AFI empowers policymakers to increase the access and usage of quality financial services for the underserved through sustainable and inclusive policies and an effective use of digital technologies.
Policies developed and implemented by the members of the Alliance contribute to a range of the Sustainable Development Goals. by Setting their own agenda, AFI members harness the power of peer learning to develop practical and tested policy reforms that enhance financial inclusion with strategic support from both public and private sector partners.
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