Fintech company IPT Africa achieves a milestone, becoming the first Mauritian firm to join the Visa Accelerator Africa 2025 cohort, a significant achievement in the African fintech sector.
IPT Africa Selected for Visa Accelerator Program - Africa 2025
IPT Africa, a Mauritius-based B2B fintech specializing in global cross-border payments, has been chosen as the first Mauritian fintech to join the highly competitive Visa Accelerator Programme – Africa 2025. This 12-week accelerator, powered by Visa in collaboration with Plug and Play, was selected from thousands of applicants across Africa.
The selection of IPT Africa is a testament to the company's innovative payment infrastructure that facilitates trade and remittance flows within Africa and internationally. This inclusion validates Mauritius's growing fintech competitiveness and capacity to develop scalable, export-ready technology addressing regional payment challenges.
Participation in the Visa Accelerator offers IPT Africa tailored mentorship, access to Visa’s developer ecosystem, technical integrations, and potential strategic investments. This exposure is expected to bolster IPT Africa’s operational strength, enhance business strategy, and expand its market reach across Africa’s dynamic fintech landscape.
Mark O Sullivan, CEO of IPT Africa, expressed pride in representing Mauritius on a global stage. He stated that IPT Africa's selection in the program will accelerate their mission to simplify, connect, and power payments across the continent's most dynamic markets.
The selection of IPT Africa in the Visa Accelerator Program signifies that Mauritian innovation can lead across Africa. It reinforces Mauritius’s emergence as a regional fintech and digital finance hub, demonstrates the island’s ability to incubate world-class fintech ventures with continental influence, and signals growing investor and industry confidence in Mauritian innovation within Africa’s digital payments space.
Moreover, the program's emphasis on regional impact and incubating world-class fintech ventures suggests a focus on fostering growth and innovation in the African fintech sector. The program's selection of IPT Africa showcases the growing capacity for jurisdictions like Mauritius to incubate world-class fintech ventures with regional impact.
The program offers exclusive access to Visa's developer ecosystem, designed to fast-track scalable, transformative payment solutions. This aligns with IPT Africa's mission to simplify, connect, and power payments. The potential for strategic investments further strengthens IPT Africa's position in the African payment landscape.
In summary, IPT Africa’s entry into the Visa Accelerator Program highlights Mauritius’s rising profile in African fintech, promotes cross-border digital payment advancement, and supports broader ambitions to establish Mauritius as a significant fintech hub on the continent.
[1] Plug and Play, (2021). Press Release: IPT Africa Joins Visa Accelerator Program - Africa 2025
[2] Visa, (2021). Visa Accelerator Programme - Africa 2025
[3] IPT Africa, (2021). IPT Africa Joins Visa Accelerator Program - Africa 2025
[4] Government of Mauritius, (2020). Budget Speech 2020-2021: Financing the Transformation and Resilience of the Mauritian Economy
- IPT Africa's selection for the Visa Accelerator Program - Africa 2025 underscores the rising influence of Mauritian fintech in the African continent, contributing to the advancement of cross-border digital payments.
- The Visa Accelerator Program offers IPT Africa tailored mentorship, access to Visa’s developer ecosystem, technical integrations, and potential strategic investments, aligning with IPT Africa’s goal to simplify, connect, and power payments.
- This program's focus on fostering growth and innovation within the African fintech sector signifies a growing capacity for jurisdictions like Mauritius to incubate world-class fintech startups with regional impact, contributing to the development of the African business and finance landscape.
