Forbes for Techstars

April 5, 2016

Renowned startup incubator Techstars has announced the first 10 businesses – all in fintech – for the newly opened its BarclaysAccelerator partnership in Cape Town.

The companies are: Inuka Pap (from Kenya), BimaAfya (Tanzania), Social Lender (Nigeria), Beyonic (US, focused on Uganda and Kenya as its initial markets), tech4farmers (Uganda), Asoriba (Ghana), Reable (Lebanon), BenBen (US, focused on Ghana and a co-founder originally from Ghana), WizzPass (South Africa) and Simba Pay (UK/Kenya with Kenyan founders and focused on Kenya and Uganda).

Over 450 applications were received from 45 countries for spots in the 13-week programme, which is being run in Africa for the first time. The 10 companies come from nine countries, including South Africa, Nigeria, Ghana, Kenya, Uganda, Tanzania, Lebanon, UK and US. This makes it the most broadly representative Techstars programme ever run, says Techstars Cape Town MD Yossi Hasson.

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