Rinchi
TechInAfrica – Ugandan FinTech startup, Eversend, is selected for the fourth cohort of the Google Launchpad Africa Accelerator program, alongside 11 other finalists. The selected startups will take part in a three-month accelerating program held in Lagos, Nigeria.
The other 11 startups are Afara Partners (Nigeria), REACH (Nigeria), TradeBuza (Nigeria), Xend (Nigeria), Elewa (Kenya), Tulaa (Kenya), and WorkPay (Kenya), BrandBook (South Africa), Sortd (South Africa), OZE (Ghana), and Phenomenal Tech (Zimbabwe).
Besides a three-month accelerating program, the selected startups also receive equity-free support, mentoring, access to Google’s engineers, access to Silicon Valley’s experts and top local mentors, PR training and global media opportunities, as well as a close partnership with Google during the three months program.
Eversend is Ugandan FinTech firm specializing in multi-currency e-wallet. The service allows customers to exchange, send money, and shop online using a virtual-created Debit/Credit card or Mobile money through Eversend app or USSD (for feature phones). The firm service currently supports USD, EUR, NGN, KES, UGX, RWF and GBP currencies with the plan to add more.
According to Eversend, they are working with reputable financial institutions to make sure all the money is stored in secured and encrypted accounts.
“We pride ourselves on the robust security measures we have in place. We’ve transferred millions of USD, and have never lost a cent. We hope this will make you feel confident to trust us with your money,” said Eversend on its FAQs, as quoted from PC Tech Magazine.
Google Launchpad is a global accelerating program specializes in helping startups to build and scale their businesses by giving them access to funding, Google’s experts, networks, and advanced technologies.
According to Google, selected startups are selected as they work to address challenging and critical issues in agriculture, education, as well as financial services. Additionally, they are also able to generate $600,000 in revenue over the past six months.
Source: pctechmag.com and techpoint.africa
