In July 22 2018, M-Changa was one of the Kenyan firms to be shortlisted among the 12 finalists for Kshs 5 million funding from fin-tech firm Visa. This was from 238 entries made from Kenya, Nigeria, South Africa, Uganda and Zambia.
The Africa edition of the Visa’s Everywhere Initiative challenged local fintech startup to deliver solutions based around three real life business challenges;
How can startups leverage Visa Developer APIs to either; enable smaller merchants to accept payments in-store digitally or provide a safe and secure solution for online merchants to drive ecommerce and reduce cash on delivery?
How can startups use Visa’s APIs to leverage mass reach and social media partner platforms like Facebook to help businesses operating in fast-paced consumer centric environments improve cash flow and receive payments?
How can startups leverage technology to provide services that are functional for illiterate customers to provide them with secure transaction experiences that build and enhance their confidence in the banking system?