Visa has unveiled the fifth cohort of its Africa Fintech Accelerator, welcoming 18 fintech startups drawn from 28 markets across the continent. The latest cohort reflects the continued broadening of Africa's fintech ecosystem, with new representation from Burkina Faso and Djibouti, signalling that innovation is increasingly emerging beyond the continent's traditional tech hubs.
According to Visa, the startups selected for Cohort Five closely mirror some of the most important trends shaping Africa's financial technology landscape today. A strong focus has emerged around money movement and cross-border payment use cases, many of which are being built on stablecoin-enabled infrastructure to support faster and more efficient transactions across borders.
The cohort also highlights the growing role of artificial intelligence in African fintech. Several participating startups are deploying AI-driven solutions to address long-standing challenges in areas such as risk assessment, digital identity, fraud prevention, and credit scoring, particularly in markets where access to traditional financial data remains limited.
