East Africa
FinTech Bootcamp


Enabling FinTech
in East Africa

ABOUT EAST AFRICA FINTECH BOOTCAMP

Fintech has been pivotal in making strides in financial inclusion in East Africa, the cradle of mobile money. These technologies have made financial services affordable and convenient.

East Africa has always been hailed as the torchbearer to the fintech industry, driven by the same key disruptions as the global financial services world – use of alternate data, P2P transactions, and the rise of non traditional players offering financial services. But the principle enabler in the region has been strong mobile and internet penetration, in the bottom of the pyramid segments, which have driven success using basic USSD technology. The second key enabler was the gap in the financial services landscape across all key dimensions and markets – lending, savings & payments, and personal financial management, which allowed the fintechs to come in with a strong value proposition.

East Africa FinTech Bootcamp will help further revolutionize the FinTech ecosystem by spurring a stronger local FinTech entrepreneurship, innovation and job creation in the industry.

PROGRAM THESIS

Market Problems
to Solve for:

  • Financial Literacy
  • Financial Inclusion
  • Financial Mobility
  • Access to Finance for MSME's
  • Digital Identity
  • Credit Scoring

Founder Challenges
to Solve for:

  • Digital Literacy
  • An understanding of the regulatory landscape
  • Exposure to Global markets
  • Idea Validation
  • Technical Skills
  • Product Positioning

PROGRAM STRUCTURE

Week 1

Origin and Vision Stories


Landscape of the Problem


Origin anIntroduction to Hypothesis Testing + Experiment Designd Vision Stories


UI/UX workshop


1-on-1 Mentoring Day

Week 2

Introduction to Value Propositions


Core Financial Metrics


Measuring Impact


FinTech + Telcos


1-on-1 Mentoring Day

Week 3

Building a Team to Reach
Scale: Best Practices


Technology: Building
Enterprise grade FinTech


Lens of the Investor


1-on-1 Mentoring Day

STARTUP SELECTION CRITERIA

FinTechs will be curated on the basis of categories defined by the program jury, including but not limited to:

  • Scope and Readiness from a market perspective

  • Differentiation from existing solutions

  • Traction with respect to adoption since launch, and/or revenues

  • Business potential to Scale

  • Other factors deemed necessary

PROGRAM TAKEAWAYS

  • Receive feedback and mentorship from industry experts, investors, experienced fintech entrepreneurs and prospective partners from across the region
  • Capacity building sessions for founders in the growth phase on key challenges such as Business modelling, product positioning, cohort analysis, monetization, building tech architecture etc.
  • Technology credits to build your tech architecture
  • A panel discussion led by leaders in the sector analyzing the state of financial inclusion in East Africa.

Our Mentors

Abhinav Pathak
Co-Founder & CEO
Perpule
Linda Obara
Investment Officer
LeapFrog
Maelis Carraro
Managing Director
BFA Global
Yadvendra Tyagi
Co-Founder
EnKash
Suniti Nanda
Ex-Fintech Officer
Govt. of Maharashtra
Robert Nyamu
Partner & Tech Consulting Leader
EY
Pradeep Kumar
Head of Strategic Initiatives
PayPal
Pushkaraj Kale
Co-Founder & COO
The Data Team
Pankit Desai
Co-Founder & CEO
SEQURETEK
Sanjeev Kumar
Founder & CEO
WhiteSight