Browsing: Transsion

Tecno makers Transsion Holdings partners with Wapi Capital to get next Fintechs in Africa

Transsion holdings, the makers of Techno, Infinix and Itel mobile phones has partnered with Wapi Capital, an African  fintech company that is investing and creating solutions in financial services, to find and fund fintech startups under the program Transsion Future Hub.

The Chinese company which is also the largest mobile phone manufacturers and distributors in Africa will use the program to seek and pinpoint innovative African fintech startups from all around the continent to provide funding as well as access to new markets.

On the other hand, Wapi Capital an alumni of Nairobi Garage will take the lead in the identification of early stage fintech (Financial Technology) businesses for the purposes of partnership, providing capital, mentorship and other support to these businesses.

The move by the two parties has been advised by Africa’s growing information technology sector that has been growing at an average of 10-20 percent in various countries …