FintechInvestment

African fintechs on the rise: Greenhouse Lab launches its accelerator

African fintechs on the rise

As the founders at Spearhead point out, the best founders also want to be backed by other founders. This is because they are aware that the people offering them money have also been under the heat, and can empathize with their experiences, and offer salient and timely support. This is what is powering significantly the new philosophical drive for founders backing founders. With the support of Google for Startups, GreenHouse Lab is doing just this, having accelerated over 15 top African startups since the lab started. As a top competitive African fintech investment platform, they have particularly focused on giving investment and growth support to early-stage ventures with the potential to scale. Within their portfolio of investments have been renowned fintechs like Flutterwave, Max, and Wallets. The VC firm has become Sub-Saharan Africa’s largest fintech investment fund by portfolio size, with over 23 investments operational in 6 countries.

To this effect, GreenHouse Capital announces its accelerator program, GreenHouse Lab, calling for applications for its first pan-African fintech accelerator. Applications opened on 12th of July, 2021, and will close on the 18th of July, 2021. The program is to last for six weeks, and would see the collaboration of highly innovative fintech startups and founders, world-renowned investors, partners, and other stakeholders in what promises to be groundbreaking. There is the inclusion of mentorship sessions with accomplished founders such as Abdul Hassan (Mono), John Oke (Wallets), and Tesh Mbaabu (Marketforce360). These mentorship sessions promise to offer these selected startups opportunities to learn from a wealth of experience, and knowledge. The event will likewise host representatives of top companies like Google and Microsoft to lead exclusive sessions, and offer startups international exposure through these networks. Training seminars will focus on strategy and growth, data analysis, machine learning, public relations, and more. Aside from these mentorship programs and training sessions, there will be virtual deal days, which would witness participation from global investors, and GHC’s corporate network. A number of free product credits and services will also be offered as benefits to startups attending, from Amazon Web Services and Google for Startups.

As a first of its kind for GreenHouse Lab, this promises to be an enriching experience for fintech startups, looking at upscaling and growing their startups to meet market needs. To apply for the accelerator, you do so via VC4A’s platform by clicking on the link HERE.

Follow us at www.startuplagos.net for more stories and insights on activities in the African startup ecosystem.

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