Visa Everywhere Initiative in Sub Sahara Africa for African Entrepreneurs (USD25,000 Prize) 2018

Participate in Visa’s ideation, the Visa Everywhere Initiative for a chance to win up to 50 000 USD and a chance to have a support development program with Visa.

Application Deadline: 18th May 2018

Eligible Countries: Sub Sahara African countries

To Be Taken At (Country): The Visa Everywhere Intiative for Sub-Saharan Africa Finals will take place in Johannesburg, South Africa.

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About the Award: Visa Everywhere Initiative is a global open innovation program tapping into startup communities to drive regional business objectives, curate the startup ecosystem for Visa clients and accelerate bigger and bolder ideas, enriching consumer experience.

Wherever you want to be, Visa’s Everywhere Initiative helps you get there. Coming to Sub Sahara Africa for the first time, Visa’s Everywhere Initiative offers participants a chance to win up 50 000usd and a chance to have a support development program with Visa business or partnership with Visa’s partners.

Fields: 

• To move away from cash on delivery (COD) culture for ecommerce in Africa: How can your startup leverage Visa Developer APIs to either: Enable smaller merchants to accept payments in-store digitally OR Provide a safe and secure solution for online merchants to drive eCommerce and reduce cash on delivery?
• Leveraging partner social media platforms like FaceBook to create amazing bank to business onboarding user journeys in order to remotely enable businesses to accept digital payments: How can your company use Visa’s APIs to leverage mass reach partner platforms like Facebook to help businesses operating in fast-paced consumer centric environments improve cash flow and receive payments?

• Driving Financial Inclusion: How can your startup leverage technology to provide services that are functional for illiterate customers to provide them with secure transaction experiences that build and enhance their confidence in the banking system?

Type: Entrepreneurship

Eligibility: The Visa Everywhere Intiative for Sub-Saharan Africa is open to fin-tech entrepreneurs in sub-Saharan African countries.

Number of Awards: 3

Value of Award: 

• 3 winners of 25 000 usd each.
• Each Company selected as a Brief Winner will be awarded $25,000 DOLLARS. If Visa determines in its sole discretion that a Brief Winner has created a standout solution, Visa may provide further investment and mentoring support to that Brief Winner, subject to the parties agreeing a suitable development program and additional terms for the investment.

Duration of Programme: The Visa Everywhere Intiative for Sub-Saharan Africa Finals will take place on 7th July 2018.

How to Apply: Apply Here

Visit the Programme Webpage for Details

Award Providers: Visa Everywhere Intiative