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| Kevin Mutiso,CEO Alternative Circle |
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)
- Privē 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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