Eversend selected to take part in Techstars Berlin accelerator programme

Eversend selected to take part in Techstars Berlin accelerator programme

Eversend is among 10 startups that have been admitted to the prestigious Techstars accelerator programme in Berlin, which provides access to investment, mentorship and collaboration with other top entrepreneurs worldwide. (Courtesy image)

Eversend is among 10 startups that have been admitted to the prestigious Techstars accelerator programme in Berlin, which provides access to investment, mentorship and collaboration with other top entrepreneurs worldwide.

Eversend is a digital payment gateway leveraging emerging technologies like blockchain to facilitate electronic money transfers.

Techstars Berlin started in 2015, and since then, more than 100 startups have been funded with investments totaling around EUR 20 million.

And four months after being among the winners of the London School of Economics entrepreneurship competition who were awarded 30,000 Euros, Eversend’s global star continues rising.

Eversend emerged among the chosen 10 companies following a rigorous selection process undertaken by experts under the programme.

The other companies chosen are Anytype, Cassiopeia, GoSave, Hiveonline, Medijobs, Missfits, Nifty Learning, eQuoo and Zoi Meet.

“I’m a firm believer that individuals who come from different backgrounds will bring a wide variety of ideas, which spur innovation, and in turn, profit. The ten companies we’re announcing today prove our commitment to diversity and inclusion, with a number of founders from underrepresented groups,” said Singh Jag, the Managing Director for Techstars Berlin Accelerator, in a statement published on the company’s website on February 18.

“All 10 teams have at least one founder from a group that has been underrepresented in tech, seven of our CEOs are women, and we have eight teams with female cofounders. Not only are the founders themselves diverse, but their companies are as well. This Techstars Berlin class includes startups in HR tech, fintech, hardware, SaaS, IoT, and more. They are solving global problems worth solving,” he added.

Must read: Westerwelle calls African startups to apply for 2019 Founders Programme

The selected startups will now undergo three months of growth and development, capping off the training with a Demo Day for investors in mid-May 2019.

Founded by Stone Atwine, a Ugandan entrepreneur based in Paris, France, Eversend wants to revolutionize financial services in Africa by allowing its users to exchange, manage and send money at the best rates, both off and online.

Berlin is the fastest growing startup ecosystem in the world.

It is attracting founders from all over Europe who are coming to build their companies amidst a sea of top talent, a supportive community and a great place to live.

Investors from all over Europe and the rest of the world are traveling to Berlin to invest here.

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