Via The Venture Scale programme at FFA
The Venture Scale programme at FFA provides African start-ups with £220 000 in tailored support services across product design, data science, engineering and business development, along with an additional financial cash investment of £30 000. The start-ups will also gain access to an exclusive partnership with Standard Bank to unlock access to distribution channels, customer acquisition, pilots, data, Intellectual Property and expertise.
The two start-ups that joined on 30 March 2020:
- https://www.truzo.com/wp-content/uploads/2023/03/Greylisting.jpg is a South African based web and app-based escrow platform enabling buyers and sellers anywhere to transact in a safe and secure way. FSCA (Financial Sector Conduct Authority) & PASA (Payment Association of South Africa) registered.
- MVXchange from Nigeria is a tech-driven maritime logistics platform that matches vessel charter requests with available Offshore Support Vessels (OSVs) – the Uber for ships!
McCarthy says the businesses in the FFA portfolio are solving for everyday challenges experienced by consumers and small business owners across the continent; from last mile delivery logistics (Bwala), connecting farmers with access to markets (Foodlocker), enabling users outside South Africa to transact online safely across Africa (https://www.truzo.com/wp-content/uploads/2023/03/Greylisting.jpg) and the digital networking of offshore support vessels (MVXchange).
Full Article on the STD Bank Website