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IPT Africa emerges as the initial Mauritian fintech chosen for the Visa Accelerator Program 2025

Fintech company IPT Africa secures spot in Visa Accelerator 2025, cementing Mauritius as a burgeoning hub for financial technology innovation.

IPT Africa Emerges as the First Financial Technology Company from Mauritius to Join the Visa...
IPT Africa Emerges as the First Financial Technology Company from Mauritius to Join the Visa Accelerator Program for 2025

IPT Africa emerges as the initial Mauritian fintech chosen for the Visa Accelerator Program 2025

IPT Africa Joins Visa Accelerator Program, Reinforcing Mauritius as a Fintech Hub

IPT Africa, a Mauritian fintech startup specializing in cross-border payment solutions for businesses operating across Africa, has been selected for the Visa Africa Fintech Accelerator Program. This marks a significant milestone for Mauritian fintech innovation, as IPT Africa becomes the first Mauritian company ever chosen for this prestigious 12-week initiative [1][2].

Launched in 2017 by Mark O’Sullivan, IPT Africa's platform enables companies to collect, convert, and pay seamlessly across 21 African countries and in over 100 currencies. The startup's inclusion in the Visa Accelerator Program signifies Mauritius' emergence as a fintech hub capable of producing export-ready digital financial technologies with pan-African impact [1][2].

The Visa Accelerator Program, now in its fourth year, continues to support and invest in innovative fintech startups. Over the years, it has backed 60 startups from 25 countries, including IPT Africa [3][4]. Participants in the program receive exclusive access to Visa’s developer ecosystem, tailored mentorship, technical integrations, and potential strategic investments, enhancing their mission to drive scalable solutions across Africa.

For IPT Africa, this opportunity brings valuable resources and exposure, helping to advance its role in Africa’s digital payments ecosystem. Mark O’Sullivan, the founder of IPT Africa, stated that being selected for the Visa Accelerator Program is a global vote of confidence in their platform, people, and purpose [1][2]. He emphasized that their participation signifies Mauritian innovation’s competitiveness on the continent and will accelerate their efforts to drive scalable payment solutions.

Mauritius, strategically located in the Indian Ocean, has positioned itself as a financial hub. In 2024, financial services contributed over 13% to Mauritius' GDP. The average annual growth rate of the financial sector in Mauritius is over 5%, which further reinforces the country's commitment to fostering a vibrant fintech ecosystem [5].

Through the program, IPT Africa will connect with global fintech leaders, potential partners, and investors. This international exposure will further solidify IPT Africa's position as a key player in the African fintech landscape and showcase Mauritian innovation on a global stage.

References: 1. IPT Africa Joins Visa Accelerator Program 2. Mauritius Fintech Startup IPT Africa Selected for Visa Accelerator Program 3. Visa Africa Fintech Accelerator Program Supports 60 Startups 4. Visa Accelerator Program 2025 Cohort Announced 5. Financial Sector Growth in Mauritius

  1. The inclusion of IPT Africa, a Mauritian fintech startup specializing in cross-border payment solutions, in the Visa Accelerator Program underscores the emergence of Mauritius as a hub for business and technology innovation, particularly in the field of finance.
  2. Participation in the Visa Accelerator Program by IPT Africa, which enables businesses to make seamless payments across 21 African countries, further showcases technology's transformative role in African business, particularly finance.

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