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The Innovation Spark

Ghana’s WeWire selected for the Visa Africa Fintech Accelerator.

by Staff Reporter
November 22, 2024
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Ghana’s WeWire selected for the Visa Africa Fintech Accelerator.
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Ghana-based fintech startup WeWire has been selected for the third cohort of the Visa Africa Fintech Accelerator. The startups will gain access to tools, connections, and expertise to scale their solutions, aligning with Visa’s ongoing investment in Africa’s digital transformation.

This year’s cohort includes 19 fintech innovators from 21 African countries, spanning diverse sectors such as embedded finance, SME lending, and digital banking. Notably, 85% of the startups are led by women, a significant increase from less than 50% in the program’s inaugural edition. The three-month accelerator will culminate in an exclusive Demo Day, where startups will present their groundbreaking solutions to investors, industry leaders, and potential partners.

Founded in 2021 by Ebenezer Ghanney, WeWire is a B2B cross-border payments platform that simplifies how businesses pay and collect payments from vendors, suppliers, and trade partners. Ghanney, who previously served as the Ghana Country Manager for Yellow Card, recognized the high demand for efficient cross-border payment solutions among business owners. The company provides businesses with over-the-counter money transfer services, multi-currency wallets, virtual accounts, and cards. Earlier this year, WeWire reported surpassing $1 billion in cross-border payment transactions, highlighting its growing impact in Africa’s fintech ecosystem.

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