Pezesha Wins Named Winner of CATAPULT: Inclusion Africa Program Organised by LHoFT

Kenyan fintech startup Pezesha has been named winner of the Catapult: Inclusion Africa fintech bootcamp hosted by The Luxembourg House of Financial Technology (LHoFT).

Pezesha, a micro-lending marketplace, was founded in 2016 by Hilda Moraa (pictured above, receiving the award from Luxembourg’s Minister of the Economy and Minister for Development Cooperation and Humanitarian Affairs Franz Fayot).

According to LHoFT, Morara received €3000 in prize money, free membership at LHoFT, and full accommodation to attend the “Assises de la Coopération Luxembourgeoise” in May.

The startup was one of 11 African-focused fintech companies selected for the bootcamp which took place between 1 and 8 March in Luxembourg.

The fully-funded week-long bootcamp was an initiative of LHoFT and is sponsored by PWC and Luxembourg Aid and Development.

The bootcamp culminated with a final pitch session and networking event, gathering the Luxembourg microfinance, financial services, and fintech community at the LHoFT’s Fintech Friday on 6 March.

The 13 companies delivered their final pitches, leveraging the input they had received from the program partners, experts, and mentors over the course of the week-long bootcamp.

The other selected startups included CinetPay from Côte d’Ivoire, A-Trader and Dundiza both from Tanzania, PaddyCover and Esusu from Nigeria, Eversend from France, Exuus from Rwanda, uKheshe from South Africa and Ghana’s People’s Pension Trust, the UK’s SympliFi, Nigeria’s SmartTeller and Ghanian and US-based startup Ozé.