The Africa Money and DeFi Summit is set to take place in Accra, Ghana on October 3rd and 4th. The showcase will have a lineup of nine cutting-edge Web3, Blockchain, Fintech, and Decentralized Finance (DeFi) ventures selected to showcase their innovations to investors and industry leaders. Among these promising startups is the Kenyan-based “Save App,” which is reshaping saving habits across Africa.
Save App, a Kenyan startup, seeks to transform how African consumers view and interact with their savings. The company’s flagship product, “Ukonga,” is a micro-savings platform designed to empower users to save their spare change effectively, encouraging a culture of saving for future use.
In a region where saving habits can be challenging to cultivate, Save App aims to bridge the gap by providing a user-friendly platform that seamlessly integrates with daily transactions. By rounding up purchases to the nearest whole amount and directing the spare change into savings, Ukonga encourages users to build a financial safety net gradually.
The Africa Money and DeFi Summit
The Africa Money and DeFi Summit is a pivotal event in the African fintech and DeFi landscape, with a mission to connect African ventures, corporates, and global investors. It serves as a bridge to foster collaboration and investment in the Pan-African fintech, DeFi, and Web3 ecosystem. The summit is supported by key industry stakeholders including Amazon Web Services, HBAR, EMTECH, Native Teams, One Liquidity, International Trade Centre, Raenest, BudPay, Fuse, Turaco, Okra, Wewire Africa, Waza, Fonbnk, Fez Delivery, Fincra, and Semoa, will connect African fintech and crypto leaders with international players.
Save App and the other eight ventures selected for the summit offer a glimpse into the continent’s vibrant and rapidly evolving tech scene. With a diverse range of innovations, these startups have the potential to drive financial inclusion, improve digital infrastructure, and create economic opportunities across Africa.
These other eight ventures to be featured include;
Hurupay (Ghana) is a stablecoin payment platform that enables African businesses to accept stablecoin payments from customers as a more stable and reliable payment method, eliminating concerns related to currency depreciation or high transaction costs
Coinazer (Nigeria) is empowering businesses and individuals with cutting-edge blockchain solutions. The Web3 crypto platform provides a secure environment for users to safely buy, sell, and store a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more.
PAL (Cote d’Ivoire) is a digital banking platform and liquidity provider acting as an off-ramp for remittance and payment companies seeking to innovate cost-effectively within the Francophone African market.
SaFi Protocol (Kenya) is a Web3 startup that leverages Decentralized Finance (DeFi) to build climate resilience. With a deficit of $1bn funding gap in the Renewable Energy Sector in Africa and Southeast Asia, the company seeks to bridge the global liquidity gap in the energy sector by tokenizing qualified real-world clean energy projects.
VerifiBuy (Ghana) is an e-commerce platform dedicated to bridging the trust gap between online buyers and sellers.
BluPay (Ghana) is a digital payment solution platform that enables businesses and merchants to instantly receive MTN Mobile Money (MoMo) and card payments from their customers directly into their bank accounts.
One Chain Africa (Nigeria) Is addressing the challenges facing blockchain adoption and innovation in Africa. One Chain Africa’s blockchain solution aims to create a more inclusive and accessible blockchain ecosystem on the continent, enable stablecoin deployment for each country, integrate on-chain KYC infrastructure, and facilitate the growth and innovation of blockchain technology across the continent.
PayBox (Ghana) is driving innovation in cross-border payment and fund transfers across more than 23 African countries for Small and Medium Enterprises (SMEs) and Millennials.
Investors, industry leaders, and attendees at the Africa Money and DeFi Summit will have the opportunity to witness firsthand the transformative power of startups like Save App and explore potential investment opportunities.
As Africa continues to embrace digital innovation and financial technology, startups like Save App exemplify the potential for technology to drive positive change and economic growth across the continent. The Africa Money and DeFi Summit serves as a platform to amplify these efforts and forge meaningful connections between innovators and investors.
