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The Insurtech award which targets non-insurers collaborating with insurers to improve customer service delivery, product development and innovation was organised by the African Reinsurance Corporation (Africa Re). The company was recognised for successfully managing over 4.3 million smallholder farmers through their Area Yield Index Insurance product. It provides insurance services and digital solutions to farmers in 12 countries in Africa, with Nigeria being the leading market for Pula.

EasyEquities and Satrix hae once again received the overall award for Best African FinTech Company 2017 at the Finance Indaba Africa in Johannesburg last week. The award was shared with ThisIsMe, an identity verification and due diligence platform. The African FinTech Awards is part of Finance Indaba Africa, the largest conference and expo for finance professionals on the continent. The EasyEquities/Satrix combined entry also scooped the honours in the InvestTech category for the second year running. The runners-up in the category were global property-trading platform Wealth Migrate and multi-counter stock exchange, ZAR X.

Their Founders work in agriculture insurance has been recognized by several international awards including the Financial Times/IFC Award for Sustainable Finance. They work with Fortune 500 Companies, Global NGO’s, Microfinance Instructions, Research Institutions, and Governments to help provide smallholders the protection they need in an increasingly unpredictable climate.

FinTech Innovation Challenge “Making Finance Work for Women 2019” Award! Pula is an agriculture insurance provider for smallholder farmers in African emerging markets lead by CEO and cofounder Rose Goslinga. They are radically restructuring agricultural insurance, using technology to insure the previously unbanked, uninsured, untapped market of 1.5 billion smallholders worldwide.

The Moroccan company Dabadoc, the main African director of patient-healthcare relations, received the  2019 “  Technology Pioneer ” award, awarded by the World Economic Forum to selected companies among the most innovative in the world. Among the recipients of the title of “pioneers of technology” of the previous years, we find the biggest companies such as: Google, Twitter, Drubox and BNP .

Dabadoc will be one of the few companies in the Middle East and North Africa region to win this award and join a group of companies involved in the design and deployment of new technologies and innovations with significant impact. on their communities. “This year's pioneers know that technology is not just about innovation, it's also about application. That's why we believe they will shape the future, ”said Fulvia Montresor, Head of Technology Pioneers at the Forum, in a statement.

Dabadoc sera l’une des rares entreprises de la région du Moyen-Orient et de l’Afrique du Nord à avoir remporté ce prix et à rejoindre un groupe de sociétés impliquées dans la conception et le déploiement de nouvelles technologies et innovations ayant un impact significatif sur leurs communautés.

The company was recognized for successfully managing over 4.3 million smallholder farmers through their Area Risk Index and yield insurance product. It provides insurance services and digital solutions to farmers in Africa. The company uses the crop cut experiment as a claim assessment procedure. This assessment relies heavily on ground crop cuts and it’s fed on mobile apps which relay instant feedback to clients. 

Funded through a government innovation agency and a successful crowdsourcing campaign, the start-up has also won several awards and grants, including best start-up in 2014's Global Innovation through Science & Technology competition.Last year, it was chosen by the International Red Cross as a provider for its Fire Sensors initiative, a project that has distributed 900 of the devices along with extensive market research.Julie Arrighi, Innovation Advisor at the American Red Cross, said that using networked heat sensors like Lumkani is crucial to mitigating the growing risk of slum fires around the world.

SimbaPay is an award winning mobile app transforming the international remittance space. With a focus on extreme speed, convenience and constant innovation. Customers are able to send money to loved ones or even merchants, from wherever they are at any time of day or night. The company is headquartered in London and can be found online at www.SimbaPay.com SimbaPay is licensed and regulated by the Financial Conduct Authority.

SimbaPay is an award winning mobile app transforming the international remittance space. With a focus on extreme speed, convenience and constant innovation.

They use advanced data science and machine learning to create the fastest and leanest financial services infrastructure, according to Joel Muhumuza, the country manager JUMO Uganda.

Lumkani functions as a social enterprise that aims to diminish or lessen the loss of life and property caused by potential shack fires in the township areas across South Africa and the world. 

SimbaPay is an award winning mobile app transforming the international remittance space. With a focus on extreme speed, convenience and constant innovation.

“The business is growing and we plan to attract new talent. We are growing globally into Africa and other markets and we are constantly enhancing our technology,” said Thomas.

Omidyar Network will match up to $2 million of online donations from individual Kiva lenders. Amy Klement, Vice President, Investments at Omidyar Network, will join Kiva’s board of directors.

Kiva will use the funding to further develop its technology platform, expand its network of field partners, and continue to invest in due diligence and monitoring capabilities across its growing portfolio. The commitment, which marks the largest grant in Kiva’s history, reflects Omidyar Network’s focus on bringing microfinance to underserved markets as well as catalyzing social impact through technology.

We work across Africa and Asia, and in 2019 alone, we facilitated crop and livestock insurance cover to 1.1mln farmers and have offered our products in 11 markets from Senegal, Mali, Nigeria, Ethiopia, Kenya, Rwanda, Uganda, Tanzania, Malawi, Zambia, and Mozambique. Since starting in 2015 our products have reached over 3.4mln households. Our Founders work in insurance has been recognized by several international awards including the Financial Times/IFC Award for Sustainable Finance, the Singapore Fintech Festival, Womens World Banking, Credit Suisse, and InsureTech3.0.

UN Capital Development Fund (UNCDF) is pleased to announce that JUMO has won their Sprint4Women Design Competition for women’s financial inclusion in Zambia. JUMO was one of three finalists competing for a grant to roll-out digital financial services (DFS) solutions for the rural women of Zambia, alongside Fenix Zambia and Hobbiton Investments.

Bismart was awarded seed capital of Sh1 million in April 2018 by Standard chartered Women in Tech programmed and office space for nine months at IBIZ Africa incubator, as the most innovative and scalable business model in Kenya.

NAIROBI, Kenya, Jul 9- GreenTec Capital, a German investment boutique focused on African start-ups, has entered into an investment agreement with Bismart, a Kenyan start-up insurance aggregator leveraging on digital platforms and technologies to educate and advice customers on the best insurance and investment solutions available in the Kenya market.

As part of Lumkani’s mission to mitigate the loss of life and property caused by fires in South Africa and across the globe, we implement large scale roll-outs of our fire detection system into urban informal settlements and townships.

Before Lumkani introduced Fire Cover in 2016, there was little hope for households and businesses that had been excluded from insurance cover, to quickly rebuild, refurnish and return to a state of dignity.

Cassava is a specialised Pan-African Fintech company that delivers innovative digital transaction solutions across the mobile ecosystem. The organisation endeavors to operate wherever money changes hands, with an ambition to drive financial inclusion, digital payments and lead the adoption of e-Commerce in Africa. They are the catalyst to providing millions of people in Africa with access to digital financial solutions that empower them to move and progress in life. Cassava Fintech is a subsidiary of Econet Group, a TMT company with its beginnings in Zimbabwe. Cassava Fintech is known for its flagship product, EcoCash, that was named Best Mobile Payment Solutions at the GSMA Glomo Awards 2017 in Barcelona.