Visa’s Africa Fintech Accelerator has reached a landmark moment, crossing the threshold of 100 startups supported since its launch and simultaneously opening the door for the next generation of founders to apply.
The milestone was announced during the Cohort 5 Demo Day, held at GITEX Africa in Marrakech, where 18 high-growth fintech startups from 10 African countries took centre stage. Since its launch, the accelerator has supported 104 startups across five cohorts, with participating companies representing a combined valuation of $1.4 billion.
The Cohort 5 companies reflect the breadth and diversity of Africa’s fintech landscape, operating across 28 markets and building solutions that span a wide range of commerce and financial services challenges across the continent.
Alumni partnerships are already translating into commercial traction. Credable, a fintech infrastructure business from Cohort 3, is partnering with Onafriq to develop digital credit products powered by Visa Flexible Credential, with the aim of expanding access to card-based credit across emerging markets. Kredete, also from Cohort 3, has launched a stablecoin-linked card across select African markets and is now pursuing expansion into the GCC. MoneyHash has signed a multi-year deal to enable Visa’s Cybersource payment acceptance platform across the MENA region
Godfrey Sullivan, Senior Vice President and Head of Product and Solutions for CEMEA at Visa, said the accelerator’s growth demonstrates how collaboration between founders, enablers, and industry leaders can drive scale, expand financial access, and shape the future of digital commerce across the continent. Applications for Cohort 6 are now open, with a deadline of May 17, 2026.
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