The Competitors

15 Startups with 15 Solutions for Financial Inclusion

Find out here which 15 finalists will be attending the mentoring day on May 3 and who will have the chance to pitch their business/solution in front of a high level panel of judges and an audience of investors, financial institutions, regulators and development finance specialists.

Afrikwity
France/North Africa

AgroCenta
Ghana

BuildPalestine
Palestine

BenBen
Ghana

Democrance
UAE

dopay
Egypt

FINENGIN
Jordan

liwwa
Jordan

Moneyfellows
Egypt

PayMe
Egypt

POSRocket
Jordan

Riby – Finance Life Technologies
Nigeria

SIMPAY
Sudana

Solarheap
USA/MENA

Solfeh.com
Jordan

Afrikwity

Afrikwity is the first investment based crowdfunding platform raising funds for African startups and SME‘s with high growth potential. The platform connects small impact investors and business angels to promising entrepreneurs. Afrikwity simplifies the investment process by conducting due diligence on companies, handling payments, managing shareholder agreements and taking care of the legal paperwork.

AgroCenta

AgroCenta is an agritech platform that provides end to end solutions for rural smallholder farmers in the post harvest staple food value chain. AgroCenta‘s suite of services range from an online trade hub connecting farmers and buyers, a real time payments service through mobile money technologies and an on-demand trucks and logistics service where farmers can request for truck delivery services just at a click of a button.

BuildPalestine

A crowdfunding platform to support projects with a social impact empowering MENA based entrepreneurs. BuildPalestine aims to connect 12 million supporters around the world to drive positive change in Palestine.

BenBen

BenBen is a digital land transaction and information platform that aims to tackle the inefficiencies of land administration to promote investment, reduce poverty and encourage transparent land resource management. BenBen leverages Blockchain technology to provide Governments, Financial Institutions, Realtors and the general public instant access to property information through an easy to use searchable interface.

Democrance

Democrance‘s mission is to democratize insurance by making it accessible and affordable for the lower-income population through the power of technology. Insurance becomes accessible to everyone with a mobile phone, using it to purchase, pay for and use insurance products. Democrance is affordable because, by using this platform, insurance companies can save a big chunk of operating costs vs using their traditional, capital intensive channels.

dopay

Dopay provides companies a cloud-based payroll solution to help them calculate their payroll, onboard new employees and make salary payments electronically. Companies‘ employees are provided with a dopay account to receive their salary, which is linked to the dopay mobile banking app and to a dopay prepaid VISA or MasterCard for use in ATMs, stores and online payments.

FINENGIN

FINENGIN is a Financial Technology company, based in Jordan. Founded in 2015, Finengin serves the financial services industry with a new financial planning and budgeting solution invented with expert focus on banking products, services, operations and hierarchies using Microsoft technology on top of Azure.

liwwa

Liwwa addresses the capital access problem faced by many small and mediumsized enterprises by enabling a network of individuals to act as lenders to those businesses. Liwwa serves borrowers with a fast application process, quick loan decisions and competitive loan rates. Acting as the first marketplace lender in Jordan, Liwwa aims to bridge the credit gap in the country and in the wider MENA region.

Moneyfellows

A web and mobile based platform that enables people to access interest free credit and achieve better savings powered entirely through their personal network. MoneyFellows achieves this by digitizing the traditional offline ROSCA (Rotating Savings and Credit Association) model making the experience transparent, safe and fully automated.

PayMe

PayMe is a mobile payment solution that allows businesses to accept credit card payments remotely or upon delivery without any hardware installation, software development or payment gateways technical integration. PayMe facilitates the overcoming of merchant infrastructure issues by allowing consumers to use their mobile phones to make cashless purchases at merchant outlets by scanning a QR code and paying bills remotely by securely linking their debit, credit, or prepaid account.

POSRocket

POSRocket is a cloud point-of-sale platform that empowers small-medium businesses to grow and sell more. The platform utilizes the robust iOS frontend and utilizes a state-of-the-art back-end technology to serve businesses with a complete end to-end solution providing scalability, security, intelligence and mobility, all wrapped-up in an intuitive user experience.

Riby - Finance Life Technologies

Riby Finance’s platform helps individuals, families and groups manage their finances and collaborate more efficiently. The platform seeks to ensure that everyone earning an income in an emerging market has the access to finance and financial management tools. It provides users with the right level of automation and transaction processing they need to achieve a sustainable financial development.

SIMPAY

SIMPAY enables businesses and professionals to reach the unbanked population by facilitating seamless, cross-networks payments through mobile money solutions. With SIMPAY’s fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid easily.

Solarheap

Solarheap is MENA’s first marketplace and investment platform for residential and commercial solar energy projects. Solarheap innovates the way buyers and sellers connect by transferring the matching process from an offline brokerage into an online platform model.

Solfeh.com

Solfeh is a micro lending company that lends out small loans to employees of member institutions in a 15 minute process. As more than 90% of employed individuals are paid less than USD 700 per month in Jordan and social norms are making it difficult to borrow from friends and family, Solfeh gives individuals access to cash when the need arises, through an automated, express lending model.