FinTech4U Accelerator Programme

(Challenge Closed)

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Launched by UNCDF, the Rwanda ICT Chamber, Kigali Innovation City (KIC), the Ministry of ICT and Innovation (MINICT), and the Ministry of Trade and Industry (MINICOM) in 2020, the FinTecHub is a virtual, cohort-based accelerator offering support to selected Rwandan fintech startup companies to scale by addressing their needs for skills, partnerships, access to capital and markets, and navigating the regulatory environment. The first cohort of four startups out of 13 applicants successfully completed the program in June 2021 while the second cohort graduated with three fintech startups out of 11 that had applied.

The FinTecHub which is the first fintech-focused accelerator programme in Rwanda was born from recommendations brought forward by the Rwanda fintech landscape analysis report published by UNCDF in 2019 to map out the key enablers, inhibitors, actors, as well as the defining dynamics of the fintech ecosystem in Rwanda.

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