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Reading: Visa Accelerator Backs 22 African Fintechs as Valuation Hits $1.3B : TechMoran
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PhreeNews > Blog > Africa > Tech > Visa Accelerator Backs 22 African Fintechs as Valuation Hits $1.3B : TechMoran
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Tech

Visa Accelerator Backs 22 African Fintechs as Valuation Hits $1.3B : TechMoran

PhreeNews
Last updated: December 15, 2025 6:09 am
PhreeNews
Published: December 15, 2025
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Visa has graduated 22 startups from 12 African international locations from its fourth Africa Fintech Accelerator in Cape City, lifting the programme’s whole to 86 fintechs valued at about $1.3 billion.

The 22 startups acquired mentorship and technical assist throughout product improvement, advertising and marketing, finance and gross sales, alongside entry to Visa’s international associate and investor community in the course of the three-month accelerator programme.

“Africa’s fintech panorama continues to increase at extraordinary velocity, powered by founders fixing real-world challenges,” mentioned Chad Pollock, vice chairman and normal supervisor for East Africa at Visa. “The startups in Cohort 4 seize the power driving Africa’s digital commerce transformation.”

Visa mentioned the 2025 cohort benefited from deeper collaboration with strategic company companions together with Financial institution of Africa, Onafriq and First Financial institution of Nigeria Ltd, which contributed market experience and operational assist, opening avenues for potential business pilots, partnerships and funding.

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Africa’s fintech sector stays the biggest recipient of enterprise capital on the continent, pushed by demand for digital funds, lending and monetary inclusion instruments. McKinsey estimates fintech revenues in Africa might attain $47 billion by 2028, up from about $10 billion in 2023, whereas the European Funding Financial institution estimates the variety of lively fintech corporations almost tripled between 2020 and early 2024.

Visa mentioned it expects the accelerator programme to stay a key platform for figuring out scalable fintech options and strengthening partnerships throughout Africa’s quickly evolving monetary ecosystem.


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TAGGED:1.3BAcceleratorAfricanBacksFintechsHitsTechMoranValuationVisa
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