Alternative Circle In Finals At The 2017 Global Fintech Hackcelerator Awards In Singapore

    September 19, 2017   No comments

Kevin Mutiso is the CEO of Alternative Circle
Kevin Mutiso,CEO Alternative Circle
Alternative Circle is the same company behind the latest loan app in Kenya dubbed Shika loan App.

Alternative Circle, an innovations company has joined the list of the 20 finalists in this year's Fintech Hackcelerator and Fintech Awards in Singapore becoming the only one from African continent.

The tech company was one of the 580 companies from over 40 countries to make submissions after the Monetary Authority of Singapore (MAS) invited for solutions to 100 problems faced in the financial industry in May.

Fintech Awards Categories And Finalists

The problems which needed new innovative solutions were put into four categories by MAS and the following companies made it to the final 20 ;

Customer Facing


  • ERNIT (Denmark)
  • Moxtra (India)
  • PayKey (Israel)
  • Smartfolios (Singapore)
  • SnapCheck Inc (USA)

Financial Inclusion

  • AID:Tech (UK)
  • Alternative Circle (Kenya)
  • ConfirmU (Israel)
  • ftcash (India)
  • MyCasIrelandine (Malaysia)

RegTech

  • Apiax (Switzerland)
  • Dathena Science (Singapore)
  • Solus Connect (Malaysia)
  • Trunomi (USA)
  • VoxSmart (UK)

General

  • Kyckr (Ireland)
  • Lingua Custodia (France)
  • Roameeo (Australia)
  • SQREEM (Singapore)
  • PrivÄ“ Services (Hong Kong)
Alternative Circle in preparation for the finals will undergo a 12 week program led by KPMG Digital village from where the tech company will have an opportunity to work and meet investors, partners and even market regulators.

Fintech Awards Package

The twenty finalists will bag home US$15000 (approx KES 15m) each while the winners will carry home an extra US$50000 (approx KES50m) during the Fintech Finals Festival happening between 13th and 17th November, 2017.
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Mwabaya Katana

Posted By Mwabaya Katana

Mwabaya Katana is a Personal Finance online writer.He is the founder of 'Loans Kenya' Blog.

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