Nigerian FinTech Startups Can Now Apply for MasterCard’s Start Path Programme
Are you a Nigerian Fintech Startup with innovations that can reshape the future of the commerce industry? You can now apply for the Mastercard Start Path 2018 programme for Nigerian FinTechs.
#AfricanFinTech startups: apply for the @Mastercard #StartPath 2018 program! Join the ranks of great companies like @theflutterwave, who went through the program in 2016. Hurry, you have until April 5th to apply!https://t.co/wJ02SMkNJg#InvestInAfrica
— Lexi Novitske (@anovitske) April 4, 2018
Launched in 2014, with an objective of helping startups to grow their businesses faster than they can by themselves. It is also a global effort to support innovative startups that are doing well in their field and developing the next generation of commerce solutions now.
What Would your Startup Gain from this?
During the six-month virtual programme (i.e you can take part from your home), selected startups would be provided with knowledge from the global network of Mastercard experts, access to Mastercard customers and partners (a forum of multi-national companies including banking, retail, telecom and digital players), as well as the opportunity to dive deep with Mastercard’s internal and external network.
Open to later-stage startups from Nigeria who are rethinking banking and payments and have raised a significant seed or Series A round of investment, start-ups will have the opportunity to present their business proposals to the Start Path judging panel on April 9, 2018 in Lagos. After this, the selected startups will present on April 10 at Mastercard’s Innovation Dialogue event to an audience of industry stakeholders.
Participating startups should have demonstrable unfair competitive advantage, be commercially live today or launching soon. Also, they should be targeting sizable market opportunity in the commerce space. Startups should also be a team of 5 or more with key roles established, astrong domain or technical expertise, and also with a recently secured seed or series A investment.
Recently, Nigeria’s start-ups have shown great promise with immense growth in the industry, some examples are Start Path alumni like NetPlus and Flutterwave. NetPlus was the first African startup to be selected to be part of the Mastercard Start Path 2016 programme. It has recently worked with Mastercard to introduce a secure e-commerce solution that removes the need for consumers to carry cash for online purchases.
Flutterwave, which was also part of the 2016 programme, has provided growth for both banks and businesses across Africa through its several ground-breaking digital payment technology.
You can click here to apply for the Start Path programme. Entries close April 5, 2018.
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