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Home Fintech

The Information Technology Industry Development Agency of Egypt is launching FinTech mentorship programme in partnership with Visa

Tech Gist Africa by Tech Gist Africa
02/22/2021
in Fintech, Middle East and Africa, News - Middle East And North Africa, Opportunities, Payment, Start-Up Spotlight, Startups, The Big 5
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FINTECH MENTORSHIP PROGRAMME Visa

FINTECH MENTORSHIP PROGRAMME Visa

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In partnership with Visa, the Egypt Information Technology Industry Development Agency (ITIDA) has announced the launch of a new mentorship program that will support the growing ecosystem of FinTech startup in Egypt.

The FinTech mentorship program has three very clear goals and objectives in order to help elevate the growing ecosystem of FinTech startup in Egypt:

  1. Improve collaboration in favor of entrepreneurship
  2. Support start-ups to build innovative FinTech solutions
  3. Foster digital payments in Egypt

Although the mentorship program is looking for start-ups engaged in the field of financial inclusion, digital payments, asset management, MicroFinance and other related FinTech industries.

ITIDA and Visa are also looking to use it as a tool for fostering women’s entrepreneurial support.

In addition to reducing the gender gap in financial equality through encouraging and assisting female entrepreneurs working in the FinTech industry.

However, the initiative will also address a variety of issues, such as cash costs; governmental e-payment solutions.

Also promoting a prosperous digital payment environment through engagement with software creation and IT companies.

Most importantly, Visa’s support opens up a whole host of doors for the selected startups.

Upon joining, Visa’s API will enable the incorporation of the global network of the financial services giant and experiments with its sandbox.

The best-performing startup will win $20K after the completion of business mentorship and professional training.

Interested applicants can apply via the official website.

Deadline for the application is on the 3rd of March, 2021.

 

Read More on Tech Gist Africa;

Aldar properties, a UAE-based company, launches a new program for Property Tech start-ups

Visa is launching a Global Competition for FinTech Companies around the World.

Bill and Melinda Gates Foundation calls on Small-Scale Producers for Smart Farming Innovations Challenge

Mastercard in Partnership with Junior Achievement Nigeria (JAN), Empower the Future Generation of Digital Entrepreneurs

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