Uganda’s Akiba, a company aims to transform finance by making it collective, granting people the tools for practical and transparent management of their finance, was selected the best startup in Uganda.
As a part of the prize, Akiba will be participating at Seedstars Summit, taking place in Switzerland in April 2017, a weeklong training program with the opportunity to meet the other 60 winners, as well as investors and mentors from around the world.
“We started this company because my mom was having difficulties trying to make a difference in her community. We are very happy to see that this has transformed into a business,” explains Ivan Mworozi of Akiba.
DusuPay Ltd, a platform that wants streamline how african businesses are paid online, came second and Panya, a business that leverages chatbot technology to enable local firms to market and transact products and services directly within Facebook Messenger took the last spot in the top three.
The other startups that pitched were Aloyo Electronics Co. Ltd, Soundbooklet Ltd, DusuPay UK Ltd, / E-Savings Club Uganda, MamboPay Limited, GarageMobi, Solar Freedom Africa Limited, Xeno Technologies, Panya, Kwiksy, Kazzi Corp Technology.
Seedstars Kampala also featured speaker and last year’s winner Bonny Madrawi and Nielsimms Sangho Co-founder & CFO InterShip Uganda. The Ugandan competition was carried out with the support of local lead partner, Stanbic Bank Uganda and local ambassador Outbox Hub. Additional support is provided by Microsoft, Brussels Airlines, IAfrica, Open Capital Advisors, VC4Africa and Lionesses of Africa.
Seedstars World’s next stop is Nairobi at PAWA254 to select the best startup in Kenya.
Seedstars World is looking for smart startups that solve regional issues and/or develop profitable products for the global market.