Nigerian startup, Miden, has been selected to participate in Y Combinator’s winter 2024 batch. The company provides businesses with the ability to issue virtual cards to their customers through its API. Miden is the most recent addition to this year’s winter cohort.
Miden’s user-friendly API platform is designed to address the operational challenges faced by businesses in the region, empowering companies to easily manage complex financial transactions.
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Launched in 2022 by Okiemute Avworhokai and Ini Udoh, Miden aims to enhance efficiency and streamline processes in the Sub-Saharan Africa financial sector by assisting businesses in quickly launching various financial products.
This selection for the Y Combinator winter 2024 batch demonstrates the accelerator’s ongoing dedication to promoting innovation in emerging markets, particularly in Africa. Alongside other Nigerian startups such as the cross-border payment service Cleva, Miden showcases the vibrant ecosystem of African entrepreneurship on a global scale.
Y Combinator’s recent investments in African startups like Grey, ChowCentral, Bloom, Plumter, Eden Care and Nash also emphasizes the accelerator’s sustained commitment to nurturing talent and driving technological advancement across the continent.
Miden remains focused on revolutionizing how businesses manage financial transactions in Sub-Saharan Africa. With a strong leadership team, a diverse range of innovative products and services, and the support of Y Combinator, Miden is well-positioned to realize its vision of fintech innovation in the region.
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