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Featured image: Rand Merchant Investment Holding investments executive and AlphaCode head Dominique Collett

Four fintech companies selected for R2.5m AlphaCode Accelerate programme

Fintech accelerator AlphaCode has announced the names of four companies selected to join its recently launched R2.5-million accelerator programme AlphaCode Accelerate.

The four companies are EntersektLivestock WealthClick2Sure and Invoice Worx.

The two-year long AlphaCode Accelerate programme, which AlphaCode has partnered on with scale-up accelerator 10X-e, will offer the four companies with mentorship, expert guidance and support services.

AlphaCode has partnered with scale-up accelerator 10X-e to provide the R2.5-million AlphaCode Accelerate programme which offers participants mentorship, expert guidance and support services

In a statement today (6 September), Rand Merchant Investment Holding investments executive and AlphaCode head Dominique Collett said the four companies will be part of a fully sponsored group of like-minded financial services founders.

“We will provide access to top-class mentors and industry experts, impactful content and workshops and the opportunity to engage meaningfully with the RMI team to prime the business for future potential investment opportunities,” added Collett (pictured above).

AlphaCode will tomorrow  (7 September), close application for its AlphaCode Incubate programe (the deadline was extended from 31 August) which seeks to identify and reward early stage, high potential, innovative entrepreneurs to boost the development of fintech and financial services in South Africa.

Sixteen businesses will be invited to pitch for eight places on this programme. The final eight businesses will complete a customised 12-month programme and will benefit from an entrepreneurial package worth R2-million each.

Featured image: Rand Merchant Investment Holding investments executive and AlphaCode head Dominique Collett (Supplied)