After the success of the LHoFT’s program CATAPULT: Inclusion Africa dedicated to financial inclusion, the 11 Fintech participating companies are all becoming LHoFT members. Welcome to all the Catapulters!
We are so thrilled to have them part the LHoFT family.
|Four One Financial Services Limited – Uganda and Best Catapulter Award
Four One Financial Services Limited’s offerings include the first micro-pension scheme, followed by building the Mayicard Platform which makes access to healthcare insurance and/or prepayments and access to assets like land and housing possible.
|AKABOXI LIMITED – Uganda
Akaboxi provides rural communities with a more secure way of keeping smallholder farmers’ savings managed and monitored by the use of a digital and inclusive system, replacing the rudimentary way of keeping money in boxes and in people’s homes.
|Akiba Digital – South Africa
Akiba is a mobile savings app that helps tech savvy millennials save using alternative and behavioural data. The gamified savings experience makes it fun and rewarding, with an AI bot that’s there to educate, nudge and provide insights to our savers to ensure they realise their goals.
|BitValley – Luxembourg
Luxembourg Fintech award’s winner for Financial Inclusion, IBISA is a risk-sharing microinsurance alternative targeting small farmers worldwide. IBISA is based on a peer-to-peer architecture supported by blockchain and Earth Observation technology.
|Inclusivity Solutions – South Africa
Inclusivity Solutions designs, builds and operates digital insurance solutions for emerging markets with the aim of protecting and enhancing the quality of life of vulnerable people. It provides complete solutions to introduce and grow sustainable inclusive insurance markets.
|Koosmik Corp – Luxembourg
Koosmik provides a mobile banking application to the young or more generally unbanked population in Western Africa. Users get a free mobile wallet as a hub of services: cash deposit and withdrawal points, bills payment, mobile payment, social credit, insurance or remittance.
|MaTontine Senegal – Senegal
MaTontine provides access to small loans and a range of financial services like micro-insurance for the financially excluded in Francophone Africa. Trying to solve the large and complex problem of how to lend small amounts profitably and at scale to the millions of financially responsible Africans.
|NALA – Tanzania
NALA is a mobile money application offering a single, unified wallet for transactions that functions without a data connection over 2G signal and providing users with an accurate breakdown of their spending habits.
|OKO – Israel
OKO creates and distributes affordable crop insurance products for smallholder farmers in emerging markets. They use satellite imagery and localised weather information to automatically compensate the insured farmers when they identify that they have been affected by a loss of production.
|Ovamba Solutions – United States
Ovamba provides short-term capital to micro, small and medium sized businesses in Africa, emerging markets and the GCC for trade, inventory purchases and growth. The capital is provided by International investors from the US, U.K. and Japan.
|Vouch Digital Limited – Uganda
Vouch Digital builds an online verified digital supply chain platform that among other things helps simplify the distribution of cash in form of digital vouchers meant for purchasing goods or services such as hermetic storage, seeds, fertilizers, medical equipment, oil and gas among others.