City fintech firm to pitch for funding in Africa contest
Nairobi-based fintech firm Data Integrated, specialising in developing customised end-to-end enterprise payment solutions for SMEs, is set to pitch to global investors with a chance for clinching Sh5 million ($50,000) equity investment.
Data Integrated is among four finalists from Ghana, Nigeria and South Africa declared regional winners in the Meltwater Entrepreneurial School of Technology (MEST) Africa challenge 2018.
They will face off at the finals in Cape Town, South Africa on June 20, during the MEST Africa summit.
MEST is a pan-African training programme, seed fund and incubator for technology entrepreneurs in Africa, providing critical skills training in software development, business and communications.
It was launched in 2008 by Meltwater Foundation, headquartered in Accra, with presence in Nigeria, Kenya, South Africa and Ivory Coast.
GHL Bank, one of the MEST Africa summit sponsors through its CEO Dominic Adu said technology, innovation and global competition the world over are disrupting traditional businesses.
“As more traditional jobs are eroded, innovative start-ups will be the key contributing factor to curbing unemployment and protecting our lifestyles and livelihoods as a nation and continent,” said Mr Adu in a statement.