Visa Opens Applications for Fifth Fintech Accelerator Targeting African Startups

3 Min Read

Visa has officially opened applications for the fifth cohort of its Fintech Accelerator in Africa, a 12-week program designed to support fintech companies with market-ready solutions for the African continent. The initiative has a strong track record of supporting startups from the MENA region, with two Egyptian companies currently in its fourth cohort.

By the Numbers

  • 5th: The cohort of this accelerator program.
  • 12 Weeks: The duration of the program.
  • $55 Million+: Total investment raised by program alumni after graduating.
  • 62%: Percentage of past participating startups that included women in leadership roles.
  • August 15, 2025: The final deadline for applications.

Program Overview and Mission

The Visa Fintech Accelerator in Africa aims to identify and nurture the most promising fintech startups across the continent. The program provides founders with the resources, network, and capital needed to scale their innovative solutions, which cover a wide range of sectors including digital lending, international payments, AI, and digital banking.

A Track Record of Success and MENA Participation

Since its launch in 2023, the program has supported 64 startups from 17 countries. This includes a strong representation from North Africa, with the current fourth cohort featuring 22 startups, including the Egyptian companies Flend and MNZL. This highlights the program’s relevance and accessibility for entrepreneurs in the Arab world.

What Startups Will Receive

Selected companies will benefit from a comprehensive support package, including:

  • Specialized training and expert mentorship.
  • Opportunities to network with potential investors and partners.
  • Facilitated access to funding.
  • A “Live Demo Day” at the end of the program to showcase their solutions.

Who Should Apply?

The program is looking for fintech companies that meet the following criteria:

  • Have a Minimum Viable Product (MVP) or a market-ready solution.
  • Are focused on serving markets within the African continent.

Key Dates and How to Apply

  • Application Deadline: The deadline to apply is August 15, 2025.
  • How to Apply: Eligible startups can apply here

Looking Ahead

Visa’s continued investment in its Fintech Accelerator underscores the immense potential of the African and MENA fintech markets. For Egyptian and other Arab startups, this program represents a prime opportunity to gain world-class support, secure funding, and accelerate their growth on a continental scale.

Source: Jawlah

Share This Article