Emerging and Growth Markets | September 8, 2022

CcHUB backs nine fintech startups in Rwanda

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, September 8 – Nigeria and Kenya-based startup accelerator and angel investor network CcHUB is supporting a cohort of early-stage fintech startups in Rwanda. Most are focused on financial inclusion for individuals and small businesses.

Exuus provides financial services to the unbanked. PesaChoice offers digital salary advances to gig workers. Uplus is digitizing traditional savings groups. CentWise is providing credit to micro-traders and businesses. Quiqpay is a mobile payments service.

In other sectors: Bafana offers a digital wallet for artists and creatives to collect payments for their work. Food Bundles is a fresh food marketplace and distributor that focuses on smallholder farmers.

Also in the cohort: online accounting service Kudibooks, and PayingTone, an eco-products market that offers credit.

Investor network

CcHUB syndicates early-stage deals from its accelerator programs to angel and early-stage investors who are focused on steering capital from the African diaspora to promising entrepreneurs on the continent.