Funding Round · Neobank · 2024

Milken-Motsepe Prize announces 10 fintech semifinalists with $100k each

Milken Institute / Motsepe Foundation raised $1M Prize competition funding round led by AZA Finance, Chapa, Chumz, Farmpawa, Flow Global, Paycloud by Lipa Later, Nyla Bank, Oze, Trade Lenda, Verto on November 8, 2024.

Primary
Milken Institute / Motsepe Foundation
Counterparty
AZA Finance, Chapa, Chumz, Farmpawa, Flow Global, Paycloud by Lipa Later, Nyla Bank, Oze, Trade Lenda, Verto
Amount
$1M
Structure
Prize competition funding round
Date
November 8, 2024
Sub-sector
Neobank

Prize supports fintech innovation for financial inclusion across emerging and frontier markets with $2M total prize pool.

Amount
$1M
Event date
November 8, 2024
Sub-sector
Neobank
HQ
Structure
Prize competition funding round
Source published
November 8, 2024
Publisher
TechMoran

Source: techmoran.com