East Africa

Tanzanian fintech Mipango joins program NVIDIA Inception

Tanzanian fintech startup Mipango was chosen to participate in NVIDIA Inception, a virtual program designed to feed startups revolutionizing industries with advances in artificial intelligence ( AI) and data sciences.

Disrupt Africa reported on the launch of Mipango, an AI-based mobile application for personal finance that allows users to monitor their revenue, expenditures, investments, financial goals and budgets, and access related investment opportunities.

The startup has now been chosen to participate in the NVIDIA Founding scheme, a virtual accelerator run by US tech company NVIDIA. The program provides market-oriented support, experience and technology through in-depth learning preparation, unique start-up activities, GPU discounts, and more.

As a member of Inception, Mipango will create capacity in Al training, using self-paced online AI, data science, and accelerated computing courses. The company also expects to qualify on a wide array of hardware products for promotions.

“This represents a tremendous opportunity for our company. Now, only a few weeks after the launch of the Mipango app, we will be part of this world-renowned programme. We look forward to the platform features and technologies that we will be using as we upgrade Mipango to a mainstream global application, “said Lilian Makoi, co-founder of Mipango.

Mipango Chief Technology Officer (CTO) Nicholas Ngolongolo said participating in NVIDIA Inception would allow the app to grow at a faster pace, which in turn will enable the startup to offer customers innovative products and better serve them.

“AI technology continues to be relatively new internationally, and few local developers have been able to exploit its full potential. Mipango is certainly fortunate to be one of the first fully incorporated applications into this field, “he said.