We were proud to be among the 11 Fintech companies startups operating in Africa that were selected to be at the LHOFT .
The LHoFT strongly believes that financial technology is crucial to advancing financial inclusion, empowering groups that have been left behind by the traditional financial systems. Whether it’s financing for rural farmers, a point of sale technology for underbanked merchants, or specialized insurance products, the positive impact is driven by entrepreneurship is improving lives around the world.
CATAPULT: Inclusion Africa is a unique program of Fintech development from the LHoFT, aligned with sustainability goals of Luxembourg’s finance center. CATAPULT: Inclusion Africa leverages Luxembourg’s Inclusive Finance and Fintech ecosystem to support the 14 selected firms in developing their businesses and achieving their inclusion goals.
Luxembourg is the European leader in responsible investment fund assets, accounting for 31% of funds and 39% of all assets under management, and has an extensive ecosystem of supporting initiatives and institutions.
The program provided AKABOXI a catapult on what it looks to provide financial inclusion on a global perspective and leveraging on the European market.
It provided a platform to also interact with other startups that had moved great strives.