26 November 2015

Ingenico backs Seedstars World startup competition

07 July 2014  |  1846 views  |  0 Source: Ingenico Group

Ingenico Group (Euronext: FR0000125346-ING), global leader in seamless payment, announced its sponsorship of Seedstars World, a global competition designed to recognize and support innovative startups in emerging markets.

Following the opening of its regional headquarters in Casablanca in May, this sponsorship demonstrates Ingenico Group's continuing commitment to deepen its presence in Africa.

Seedstars World was launched in 2013 by Seedstars Fund, a venture capital firm based in Switzerland. Carefully-vetted startups from 30 countries are selected to compete in regional events, and this year's winners will gather on February 4-6, 2015 in Geneva to compete for the title of "Seedstars World Best Startup."

Ingenico Group sponsored Seedstars World competitions in Casablanca (Morocco), Accra (Ghana), Lagos (Nigeria) and Nairobi (Kenya) between May and July. Winners of the Ingenico-sponsored events included creators of an e-learning platform in Morocco, a bitcoins-based payment system in Ghana, a process for converting waste into energy in Nigeria, and a way for Kenyans lacking a physical address to create and share a secure address via mobile phones.

Our engagement in the Seedstars World project demonstrates our commitment to local development in Africa," said Jacques Behr, Ingenico EMEA EVP. "It provides a great opportunity to get closer to local companies and markets fully in line with our "multi-local" strategy. For us, it's important to combine global expertize with a thorough understanding of the forces driving innovation at the local level." 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

Your browser is unable to support Flash files.

Who is commenting?

Top topics

Most viewed Most shared
MIT to run fintech degree course
9124 views comments | 36 tweets | 14 linkedin
Coinbase issues Bitcoin debit card
8102 views comments | 17 tweets | 21 linkedin
UK banks hardest hit by non-bank money tra...
8018 views comments | 28 tweets | 31 linkedin
Apple Pay users given a free ride in Londo...
7912 views comments | 21 tweets | 29 linkedin
BBVA buys 29.5% stake in Atom for £45...
7030 views comments | 33 tweets | 40 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job