Rwandan factoring firm BeneFactors has been named the winner of Seedstars Kigali. This win gives BeneFactor, the opportunity to represent the country at next year’s Seedstars global Summit in Lausanne, Switzerland.
BeneFactors was selected ahead of eight other startups that pitched at the event held in the Rwandan capital.
The Kigali-based business-to-business financing company was founded last year by Olivia Zank and Jani Moliis. The startup provides its clients with tailored working capital solutions in exchange for their unpaid invoices.
In a statement, Zank said the startup’s team had worked hard over the past year and that it was “wonderful to see their hard work recognised”.
Prior to founding the startup, Zank served as a policy adviser to Rwanda’s Ministry of Trade, Industry and East African Community Affairs in 2016 and 2017. She has also worked as an evaluation officer at the UK’s Department for International Development.
