Safaricom, M-Pesa, Sumitomo launch Spark Accelerator for Kenyan startups
- Safaricom launched the Spark Venture Fund in 2014 to invest and support late-seed, early growth stage companies in Kenya.
- The Spark Accelerator program is a partnership between Safaricom, M-PESA Africa, and Sumitomo Corporation.
- Participating startups will have access to develop mini-apps embedded into Safaricom's M-PESA Super App.
The Spark Accelerator program is a positive initiative that provides valuable support to early-stage fintech and content startups in Kenya. By offering training, mentorship, funding, and go-to-market support, the program aims to spark growth and scale for these ventures. The partnership between Safaricom, M-PESA Africa, and Sumitomo Corporation demonstrates a commitment to fostering innovation and economic development in Africa.
