In a bid to scale financial innovation in Africa, NowNow Digital Systems, a fast-growing fintech and digital banking startup has been selected to participate in the Mastercard Start Path Global programme.
According to a press statement by the company, NowNow is among the eight startups and the only African startup selected to participate in the latest Start Path class.
“The program provides opportunities to co-innovate, gain expert knowledge, and reach a global customer base for the brightest startups in the world,” the company stated.
Mastercard Start Path is an award-winning startup engagement program within the Mastercard Developers portfolio which aims to support startups on their scaling journey across financial services industries globally.
Its developer’s portfolio provides the services and tools fintech innovators need to iterate at each stage of their journey, transform bold ideas and achieve scale at pace to bring more people into the digital economy.
Sahir Berry, the chief executive officer at NowNow Digital Systems, said it was a pleasure to be recognized as an emerging leader in the fintech sector, and our participation in the engagement program reinforces our commitment to enabling innovative financial solutions.
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“This opportunity means that NowNow can scale its solutions while learning from the leading global payment technology company. Combining this expert guidance with our innovative solutions, we are confident in the future,” Berry added.
Since founding Start Path in 2014, Mastercard has provided mentorship and support to nearly 300 startups globally. The latest cohort of the Start Path programme will tackle challenges and take advantage of opportunities across Mastercard’s ecosystem of digital transformation, biometrics, cybersecurity, small business, open banking and more.
“As the digital economy increasingly becomes the economy, enabling NowNow to achieve its vision only brings us closer to our financial inclusion commitment to connect a total of 1 billion individuals and 50 million micro and small merchants to the digital economy by 2025,” Ebehijie Momoh, Country Manager & Area Business Head, West Africa at Mastercard.
NowNow provides reliable, best-in-class financial services technology to small and medium-sized businesses, agents, and consumers to drive financial empowerment for its customers.
