14 Africa-focused startups in Lux fintech scheme


The Luxembourg House of Financial Technology starts the third edition of its “Catapult: Inclusion Africa” programme on 27 May 2021. Illustrative image: Benjamin Dada/Unsplash 

The scheme supports “companies focusing on financial inclusion in Africa” and aims “to build bridges between Africa and Europe”, including with Luxembourg’s financial sector.

Entrepreneurs receive “intensive mentoring, coaching, peer to peer learning and dedicated workshops”, Lhoft said. Sessions range from business model development and “scaling strategy” to “advisory meetings with investors and pitch development.”

Lhoft is a public-private partnership that promotes Luxembourg’s fintech sector. “Catapult: Inclusion Africa” is sponsored by Luxembourg’s foreign affairs ministry and supported by several NGOs and investment firms.

The 14 startups are:

The programme opens with a pitching event, held Thursday 27 May at 5pm on Zoom, which is open to the public.