Kenya’s SuperFluid, South Africa’s Creditable, both fintech startups, and eight others have been selected as the first cohort for the DBS Accelerator programme in Hong Kong, China.
According to Disrupt Africa, the accelerator event is a joint effort between startup incubator, NEST, and DBS, a Singapore-based bank, that involves a 12-week programme, which aims to give startups from Asia and across the world an opportunity to shape the future of banking and finance.
“DBS Hong Kong is very proud to be launching the inaugural DBS Accelerator programme for FinTech startups,” DBS Bank stated in a news release. “As technology advances and customer expectations evolve, our work with FinTech startups will allow us to further drive innovation and shape the future of banking.”
NEST recently opened an office in Nairobi kenya, promising to support African startups. In July, it kicked off its speaker series, What’s Next, aimed at discussing new developments in specific sectors of the Kenyan economy with views from successful entrepreneurs.
The organizers selected SuperFluid, which offers a financial management and analytics platform for businesses, and Creditable, a cloud-based micro-financing based solution company, along with eight other startups out of a pool of several applicants from across the world.