Shield finance, a Kenyan Payday lending tech startup, has booked a place in the DEMO Africa competition scheduled to hold in Lagos Nigeria by September 2015, Disrupt Africa reports.

Shield is only the second startup to quality for the main event after Flippy Campus, a Ghanaian social networking and notification app for University students, booked a space after winning the DEMO Africa mini pitch event held in Ghana.

Shield finance allows employees access loans directly into their mobile phones and mobile money accounts. The startup booked its place in the competition by seeing off five other teams at the pre-pitch event held in Nairobi, Kenya.

“I look forward to pitching in Lagos, I am positive that investors will be confident about investing in startups like us given the level of creativity that I have witnessed today,” Chief technology officer (CTO) Josephat Njui said in the report by Disrupt Africa.

The competition will witness 30 startups pitching their ideas before investors, entrepreneurs, members of the tech ecosystem in Africa including members of the European Business Angel Network who will be in attendance.

Image: DEMO Africa

Olumuyiwa Coker Author

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