FinTech roadshow on the way

Accelerator Sw7, in partnership with the law firm Webber Wentzel, is set to launch its FinTech Innovation Africa roadshow in Cape Town and Johannesburg next week. FinTech specialists will be making presentations at various events at the Webber Wentzel offices in Cape Town and the SW7 workplace in Rivonia, Johannesburg.

FinTech Innovation Africa is a precursor to the SWIFT Innotribe Startup Challenge in Ivory Coast, the finalists of which will go on to present at Sibos in Canada in October. The roadshow will focus on the financial inclusion, the role of banks and opportunities and challenges within the continental ecosystem.

  • Some 200 insiders, experts, startups and investors will discuss the developments and challenges for payments in Africa at CFO South Africa's Future of Payments event in Sandton, Johannesburg, on 14 March. Get inspired, extend your network and develop business. Register here.

"Innotribe's Startup Challenge for Africa plays an important role in finding the continent's most exciting young companies and bringing them together with the financial sector," said the head of Middle East, Turkey and Africa at SWIFT Sido Bestani.

"There is a unique opportunity for FinTech innovators in Africa. The financial markets are currently dominated by a few large corporates. Under-resourced and under-served markets, combined with the access to market which these corporates offer, will mean that the opportunities to be leveraged are likely to be partner driven," said co-founder of SW7 Odette Jones (pictured).

"As the pace of innovation increases, the larger businesses will be more and more hampered by their ability to create and deploy new market appropriate offerings. Our goal is to bring the fintech innovators together with the existing corporates to speed up the partnering process, lower the friction to engage and shorten deal cycles," Jones said..