IPT Africa, a global cross-border payments company, has made a significant breakthrough by becoming the first fintech from Mauritius selected for the Visa Accelerator program.
Selection of IPT Africa for Visa Accelerator
IPT Africa was selected for the Visa Accelerator - Africa 2025 program from thousands of startups in the fintech space across the African continent. This 12-week program is designed to rapidly develop payment solutions and offers access to Visa's developer ecosystem, specialized mentorship, and potential strategic investments.
Significance for Mauritius' Fintech Sector
CEO of IPT Africa, Mark O'Sullivan, noted that this event is not only a win for the company but also a statement about the growth of the Mauritius innovation sector. He emphasized that selection for the program will accelerate the company's mission to improve payment systems in the continent's dynamic markets.
Goals and Prospects of IPT Africa
IPT Africa provides transparent payment solutions across more than 21 African countries, leveraging AI-based technology for compliance and rapid settlement. Participation in the Visa Accelerator program will further solidify the company's claim to leadership in fintech development in the region.
The selection of IPT Africa for the Visa Accelerator program highlights the growing role of Mauritius as a fintech hub capable of developing technology for the region and signals new opportunities for local innovation.
