The Milken Institute and the Motsepe Foundation have announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, with each team receiving $100,000 in funding.
Among the semifinalists are three Kenya-based fintech startups. They include: AZA Finance, Chumz, and Paycloud by Lipa Later.
Responding to a global call for applications, the Milken-Motsepe Prize in FinTech prize supports innovative solutions to expand access to tools necessary for financial inclusion across emerging and frontier markets.
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