The South African subsidiary of Barclays, Barclays Africa in partnership with Think Rise Africa has launched an accelerator for FinTech and Health Tech startups in Africa, Tech Lab Africa, TechMoran reports.

The accelerator is currently calling for applications from FinTech, Digital Health and Health Information Technology startups for its 13 week program which will to take in between eight to ten entrants in Cape Town.

Applicants products must address an existing challenge in a relevant sector, have a working prototype, has drawn traction and with a revenue generating model.

Successful applicants will have access to players in the ecosystem and senior Barclays Africa executives, who will mentor the startups.

The program will also see the startups participate in a Demo Day event before Barclays Africa executives, Barclays Africa Private Wealth clients, potential corporate customers, investors and journalists.

Application closes by August 3, 2015. Interested applicants can apply here.

Photo Credit: StartupStockPhotos via Flickr Cc

Olumuyiwa Coker Author

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