Y Combinator Expands African Portfolio with Miden: A Nigerian API-Fintech Startup
- Miden, a Nigerian startup, has been selected to join Y Combinator's winter 2024 group.
- Miden provides virtual cards in USD and Naira for businesses, aiming to simplify payment processes.
- YC's winter group is focused on remittance startups on the continent.
The selection of Miden for Y Combinator's winter group is a positive development for the Nigerian startup ecosystem. It highlights the potential of fintech companies in Nigeria and their ability to tackle operational difficulties in traditional payment methods. This also indicates YC's recognition of the growing importance of remittance startups in Africa.
