Zambian startup Save&Remit has received the Alpha Expo pitch competitors on the Africa Fintech Summit. Trade Lenda from Nigeria and aXion Zorn from Uganda got here second and third respectively.
Zambian fintech startup Save&Remit
received the Alpha Expo pitch competitors on the Africa Fintech Summit in Lusaka, Zambia. The corporate received a $2,500 money prize, beating out 14 different startups. Second place went to Commerce Lenda from Nigeria for his or her small enterprise digital financial institution product. Third place went to aXiom Zorn from Uganda for his or her knowledge analytics platform which permits credit score scoring for smallhold farmers.
Based in 2020, Save&Remit’s flagship product is a digital saving platform that lets cooperatives and SMEs save from their cell phones. Its options embrace digital ledger guide, digital identification, digital and monetary literacy, disbursements and safety.
Key takeaways
- Zambian startup Save&Remit has received the Alpha Expo pitch competitors
- Commerce Lenda from Nigeria and aXion Zorn from Uganda got here second and third respectively.
“It’s nice to win the pitch competitors amongst such nice different startups. By way of our platform, we look ahead to increasing past Zambia as analysis exhibits there’s important demand for the sort of service we provide,” founder Putty Muuka instructed TechCabal.
“The winners and different pitching startups are constructing merchandise which are fixing issues throughout a number of sectors,” mentioned Amara Muoneke, one of many judges for the pitch competitors.” You see the scalability in what they’re constructing, and so they additionally perceive their clients and customers very nicely.”
The pitch competitors was sponsored by USAID.