Visa Event Shines Spotlight on Fintech Entrepreneurs

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Visa Everywhere Initiative South Africa: Vuleka Platform Emerges Victorious, Set to Compete in Regional Finals

In a thrilling display of fintech innovation and entrepreneurial spirit, Visa hosted the highly anticipated South African edition of its Visa Everywhere Initiative. The event took place at Innovation City Cape Town, drawing together a diverse range of fintech innovators and key stakeholders. The focal point of the gathering was a gripping pitch competition, where promising startups showcased their groundbreaking ideas.

After a rigorous evaluation process conducted by a panel of esteemed judges, including Lineshree Moodley, Carl Manlan, Lytania Johnson, and Cedric N’guessan, one standout contender emerged victorious. VulekaPlatform demonstrated unparalleled potential and secured the top spot, earning a remarkable $50,000 in prize money. This triumph also grants them a coveted spot in the upcoming CEMEA regional finals, scheduled to take place in July.

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While VulekaPlatform claimed the prestigious first prize, the competition was fierce, and several other participants showcased remarkable potential. Securing second and third place, respectively, were iiDENTIFii and Tweak, impressing the judges with their innovative solutions. Additionally, Franc was honored with the Impact Award, recognizing their remarkable contribution to the fintech landscape.

Beyond the captivating pitch competition, attendees were treated to an engaging panel discussion featuring industry luminaries. Vinesh Ramnarain, Blake Player, Wiza Jalakasi, Naadiya Moosajee, and Keith Sabilika shared their insights, sparking thought-provoking conversations and offering valuable perspectives on the future of fintech.

The Visa Everywhere Initiative South Africa event served as a testament to the incredible talent and ingenuity present in the local fintech ecosystem. By providing a platform for collaboration and recognition, Visa continues to fuel the growth of disruptive startups, propelling them towards success on a regional and global scale. As VulekaPlatform and other winners gear up for the CEMEA regional finals, the stage is set for an exciting showcase of groundbreaking fintech solutions that have the potential to shape the future of finance.

Share your thoughts in the comment section below on the recent Visa award in Cape Town, South Africa. If you have any development projects in Web3, blockchain, or cryptocurrency in Africa that you would like to share with us, please email us at sales@cryptoafricanow.com.

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