Visa Everywhere Initiative finds winner in Vuleka, a local start-up supporting the informal trading ecosystem. fintechs start-ups innovations digitalinclusion
The Visa Everywhere Initiative saw local start-upcrowned winner of the South African edition of the fintech competition, at an event held in Cape Town last night.
“I’m very happy that we won, and I’m excited for the future partnership with Visa. We plan to reinvest the funds in the business and focus more on the fintech side of things.” Lineshree Moodley, GM of South Africa at Visa, commented that the event was held to celebrate innovation and new ideas to solve tomorrow’s challenges and issues in the payments ecosystem. “It’s not just about finding innovative solutions, but how to innovate with inclusion in mind.”
Introduced in 2015, VEI is a global innovation challenge that tasks start-ups and fintech firms to solve future payment and commerce challenges faced by businesses of all sizes and sectors.
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