5 startups chosen at DEMO Africa to pitch in Silicon Valley

One of the continent’s most-talked about startup events, DEMO Africa 2015, recently concluded with five startups chosen as the winning teams to pitch in Silicon Valley.

Out of a total of 650 applications received from startups across the continent, 30 startups made it to the demo stage to pitch their businesses. As revealed on the DEMO Africa website, below are the top chosen startups for 2015.

Simbapay

Nigeria’s Simbapay offers people the ability to make fast, convenient and cheap money remittance to Africa. The platform also enables the diaspora to pay merchants directly from abroad using the popular mobile money service, M-Pesa — a world first.

Zuvaa

Zuvaa is also based in Nigeria and is described as an online marketplace for African fashion. Since launching in early 2014, the company has made US$300 000 in revenue.

InsureAfrika.com

Similar to the likes of Click n Compare, InsureAfrika.com enables people to compare quotes across insurance categories online.

Read more: Say hello to DEMO Africa’s top 40 tech startups of 2014

CarParts Nigeria

CarParts Nigeria is trying to overcome the challenges of shopping for auto-parts in Nigeria. The search platform aggregates the best deals of auto parts and technicians based on the location of the user.

BambaPOS

BambaPOS helps retailers to access point of sale and inventory management automation with via an Android app. The Kenyan-based company also aggregates multiple payment channels through its platform.