FUNDING

CATAPULT: INCLUSION AFRICA 2020 

Application Deadline: 15th January, 2020

A 2 week program for companies focusing on financial inclusion in Africa.

CATAPULT: Inclusion Africa will once again leverage Luxembourg’s Inclusive Finance and Fintech ecosystem to support 12 highly selected firms in developing their businesses and achieving their inclusion goals.

CATAPULT: Inclusion Africa 2020 Bootcamp follows on from the success of the first Catapult Inclusion Africa Bootcamp, organised in November 2018, where 11 selected African Fintechs benefited from a tailor-made programme aligned with the sustainability goals of Luxembourg’s financial centre with the aim for the Fintechs to develop their businesses and achieve their inclusion goals.

CATAPULT: Inclusion Africa 2020 is back with a 1 week training and networking Bootcamp, hosted in Luxembourg between 1st and 8th March 2020, for 12 Fintech firms working to improve financial inclusion in Africa. The program is run in English. Travel and accommodation costs for the participating Fintech companies will be covered.

The principle aim of CATAPULT Africa is to provide support to promising Fintechs for Financial Inclusion startups and help them move to the next stage of their development in Africa and in Europe.

Parallel to the focus on startups, the bootcamp will support the promotion of Fintech for Financial Inclusion topic to the broader Responsible Finance sector in Luxembourg and beyond, to include PFIs, MFIs, Fund Managers,
Philanthropists, Advisory and Support firms. The goal is to highlight and promote synergies, collaboration and potential partnerships between the participating Fintechs and these institutions.

Finally, the bootcamp aims to promote and draw attention to the importance and value of Fintech for Financial Inclusion, through local and international media exposure, with the goal of focusing broad attention to the initiatives that are driving positive change in Africa.

Selection criteria: The firms selected to participate to the programme will be operational, likely in the seed to Series A stage. However, each application will be assessed individually for promise and with consultation with our sponsors. We expect the majority of the selected firms to be based in Africa, but firms targeting Africa from other geographies, particularly from the EU, may also apply.

CATAPULT Africa is provided by the LHoFT (The Luxembourg House of Financial Technology). The LHoFT Foundation is a public – private sector initiative that drives technology innovation for Luxembourg’s financial services industry, connecting the domestic and international Fintech community to develop solutions that shape the world of tomorrow.

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