One Young World Event features the Milken-Motsepe Prize in AgriTech

AfroAsian News: Milken Institute and Motsepe Foundation Announce Winner of the Milken-Motsepe Prize in Fintech and Launch New Prize

Prize program awards Verto the $1 million Grand Prize to advance FinTech innovations; the program also launches a new $2 million prize in manufacturing JOHANNESBURG, South Africa, May 8, 2025/APO Group/ –The Milken Institute (https://apo-opa.co/452va1L) and the Motsepe Foundation are proud to announce the winner of the Milken-Motsepe Prize in FinTech, a $2 million innovation award designed to reward companies working to expand access to capital and financial services for small businesses in emerging and frontier markets. The winner was announced at the Milken Institute Global Conference in Los Angeles.Verto (https://apo-opa.co/4d7WePf), based in the United Kingdom, won the $1 million Grand Prize for its business-to-business cross-border payments platform, which enables businesses in emerging markets to send and receive payments, eliminating intermediary fees, supporting 49 currencies, and settling transactions quickly. FinTech is the third prize awarded as part of the Milken–Motsepe Innovation Prize Program, a series of competitive multimillion-dollar global competitions

May 21, 2025

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Wee Tracker: Verto Wins Big In Bid To Fuel B2B Payments For Global South

UK-based and Africa-focused fintech Verto has secured a USD 1 M boost after winning the Milken-Motsepe Prize in fintech, a prestigious award recognising companies advancing financial access for small businesses in underserved markets. The win adds to Verto’s growing credibility and firepower in an increasingly competitive cross-border payments landscape, especially in frontier economies. Founded in 2018, Verto simplifies international B2B payments for businesses navigating fragmented and often overlooked currency corridors. With support for 49 currencies, many of them exotic or thinly traded, the platform eliminates intermediary fees and accelerates settlement times. This is a game-changer in markets where traditional banking infrastructure has lagged behind. Read the full article here.

May 15, 2025

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Devex Newswire: Milken: Where power networks meet

Milken: Where power networks meet It’s been a packed few days at the Milken Institute’s Global Conference 2025 at the Beverly Hilton in Los Angeles — so far the only global conference able to bring both sides of the political spectrum under the same roof (and even at the same dinner, but more on that later). This year’s conference — covering everything from critical minerals and global risk to the evolution of fintech, the future of women’s health, and a new era of opportunity — closed with one of its most well-attended events: the Milken-Motsepe Prize in FinTech. The prize spotlighted entrepreneurs advancing financial inclusion across Africa, disbursing $2 million in awards, including $100,000 to semifinalists and a $1 million grand prize to Verto, a platform simplifying cross-border payments. Finalists showcased cutting-edge solutions: Chumz, an app using behavioral psychology to boost savings rates, and Oze, a platform improving small business lending through machine learning. Notably, this

May 15, 2025

One Young World Event features the Milken-Motsepe Prize in AgriTech

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AfroAsian News: Milken Institute and Motsepe Foundation Announce Winner of the Milken-Motsepe Prize in Fintech and Launch New Prize

Wee Tracker: Verto Wins Big In Bid To Fuel B2B Payments For Global South

Devex Newswire: Milken: Where power networks meet

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