AlphaCode Incubate programme
winners
Almost 200 fintech businesses applied for the AlphaCode Incubate programme, which aims to grow financial service entrepreneurs. Ten have been selected for a development programme that provides funding, guidance from performance coaches and a panel of advisory experts.
The businesses chosen are:
Bento: A service that gives employers a solution to offer employee benefits without the cost and administrative burden. Employees are able to self-manage their benefits and perks, giving them freedom of choice over their remuneration structure and take-home pay.
Mapha: This allows one to buy and deliver goods from most local stores in their area. Mapha’s service delivers items and offers the option of buying from multiple stores in one trip.
OysterPay: Gig workers who are largely overlooked by traditional financial institutions will benefit from this digital banking platform. It offers a prepaid debit card and mobile app that helps these workers be paid, save, and borrow.
Melon: Investing in Bitcoin and cryptocurrencies is out of reach for many. But with quick purchases and a well laid out user interface, Melon brings buying Bitcoin to the layman. Users will be able to add an investment amount to their cart, pay using card or instant EFT, and access savings products in one location.
AgriCool: Farmers can access finance and gain information on improving their production with AgriCool. It is also an e-marketplace that links smallholding farmers and buyers to markets in their area.
Imfuyo Technologies: Also focusing on the farming community, Imfuyo Technologies is developing a smart farming solution that will give livestock farmers better oversight of their operations. The solution consists of a smart tracker that collects data about cattle location and behaviour. The data is analysed to enable farmers to optimise farming activities.
MatchKit.co: Through this platform athletes can make money, regardless of the status of sporting events. It integrates into social media to showcase the value of an athlete’s digital audience to potential sponsors.
Varibill: Great for providers of usage-based products and services, Varibill provides plug-ins that integrate into various sources or devices. It then connects the sources with a company’s existing accounting system, translating this information into billing data.
Chama Money: This is a platform for stokvels to operate online in an easy, safe and transparent way while giving them access to retail, insurance, and financial products from trusted providers.
DentX: A machine learning platform for vehicle damage repair pricing that supplies vehicle or fleet owners with data for quotations. The DentX platform allows approved service providers to supply more accurate estimates.
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