Congratulations to the Winner of the Milken-Motsepe Prize in FinTech!
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Africa Science News: Winners of the Milken-Motsepe Prize in Green Energy Announced

The Milken Institute and the Motsepe Foundation announced the winners of the Milken-Motsepe Prize in Green Energy, a $2 million innovation competition to reward entrepreneurs working to expand access to reliable, affordable, and sustainable off-grid electricity in Africa. The winners were announced at the Milken Institute Global Conference in Los Angeles.

Aftrak, an initiative based out of the UK and Malawi, was awarded the $1 million Grand Prize for its easily assembled solar microgrid and custom-designed tractors, which have tripled agricultural yield, increased farmer incomes, and provided electricity to remote communities. The runner-up award of $250,000 was presented to South Africa-based OMNIVAT for its containerized electricity generation and storage system, which provides clean water, clean energy, and Wi-Fi enriched by virtual reality support for remote communities.

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Businesswire: 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 LOS ANGELES & JOHANNESBURG–(BUSINESS WIRE)–The Milken Institute 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, 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 and awards designed to incentivize and reward bold,

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ITWeb Africa: Milken-Motsepe prize in fintech picks finalists

The Milken Institute and the Motsepe Foundation have named the three teams who have advanced to the final round of the Milken-Motsepe prize in fintech. The Milken-Motsepe fintech prize seeks to acknowledge innovative solutions for increasing financial inclusion for small enterprises in emerging and frontier countries. Read the full article here.

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TechAfricaNews: Milken-Motsepe Prize in FinTech Names Finalists Driving Financial Inclusion in Emerging Markets

Three FinTech innovators—Chumz, Oze, and Verto—compete for $1M Milken-Motsepe Prize, advancing financial inclusion in emerging markets. The Milken Institute and the Motsepe Foundation are pleased to announce the three teams advancing to the final round of the Milken-Motsepe Prize in FinTech. These innovators are competing for the prestigious US$1 million Grand Prize. Read the full article here.

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