SuperFluid from Kenya and Creditable from South Africa have both been accepted to take part in a 3-month accelerator programme that offers startups access to mentoring, networking and funding in Hong Kong. The two Fintech startups joined 8 other startups selected around the world to attend the first batch of DBS accelerator programme. The DBS Accelerator is a collaborative
SuperFluid from Kenya and Creditable from South Africa have both been accepted to take part in a 3-month accelerator programme that offers startups access to mentoring, networking and funding in Hong Kong. The two Fintech startups joined 8 other startups selected around the world to attend the first batch of DBS accelerator programme.
The DBS Accelerator is a collaborative initiative between Hong Kong’s DBS Bank and startup incubator Nest . It should be recalled that last month, Nest announced the opening of its office in Nairobi, which the company will use to roll out accelerator programmes and invest in startups across Africa. Ever since the opening of the Nairobi office, Nest has been relentless in fostering healthy interactions amongst the Asian and African entrepreneurship ecosystem.
Super Fluid and Creditable began as the African representatives at the Accelerator programme at the beginning of the month, and will take part in the concluding demo day on November 5.
Super Fluid offers a financial management app and analytics platform for businesses to help mind consumer data to guide business strategy, drive revenue growth, and shape new product offerings. It offers product recommendations using alternative forms of data found in emerging markets like Africa to consumers and businesses to power a suite of data-driven products and solutions.
Creditable is a cloud-based microfinance solution that connects corporations with financial institutions. It also has a presence in Ghana and Kenya, and is set to launch in Germany.
“We are excited to see SuperFluid and Creditable take innovation born in Africa onto the world stage with the DBS Accelerator programme, inspiring other entrepreneurs on in Africa to continue building globally scalable ideas. Both African teams will now have a platform to access world class support, not just in Hong Kong and Nairobi, but in all our offices across the world,” Aaron Fu, managing partner for Africa at Nest said.
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