Kenyan fintech startup Kwara is among the 11 startups that have been selected to join the Mastercard Start Path program.
The program is a springboard to help the best and brightest fintech startups maximize their opportunity for success. During the six-month program, the startups will learn from Mastercard experts and explore co-innovation opportunities.
“We are honoured to join forces with Mastercard and work on our shared vision to create financial inclusion for 1 billion people. We have seen how companies such as Flutterwave and Revolut have expanded their services in partnership with one of the biggest payment technology companies in the world. We are certain we can deepen our offering and together transform credit unions across emerging markets into modern, digital banks.” Cynthia Wandia, Kwara’s CEO, said.
“When fintech companies thrive, we all benefit,” said Amy Neale, Senior Vice President, Fintech & Enablers. “We’re excited for Kwara to join the Mastercard Start Path program where they’ll receive access to our technology, customers and mentorship to accelerate their journey to grow and scale.”
Other startups joining the program are Finmod, Flourish Savings, GenEQTY, Karri, KeyChain Pay, Layer, Osper, Swap, upSWOT and Wellthi.
Mastercard has a track record of collaborating with startups. Since founding Start Path in 2014, the company has uncovered co-innovation opportunities and provided mentorship to more than 260 startups that have gone on to collectively raise more than $5 billion in capital.