OurPass is going to the home of the amazing red maple leaf: Canada. Yes, Tekedia Capital portfolio firm, OurPass, the fastest one-click checkout app that simplifies the shopping experience for millions of online shoppers – has been accepted into the prestigious Techstars Toronto Accelerator Program, which selects high-growth early-stage companies from around the world to offer mentorship, access to capital, investors and education for business advancement. Great job OurPass Team and welcome Sunil Sharma, Managing Director of Techstars Toronto and investor in OurPass.
Just a few hours ago, I announced here that another startup in our portfolio is going to YCombinator. What a great way to begin a week. At Tekedia Capital, we will continue to support innovators as they architect the NEXT Africa through entrepreneurial capitalism. Learn more about Tekedia Capital here.
Techstars is an operational investment company that helps founders and early-stage entrepreneurs scale their vision into a thriving business. The Techstars Toronto Accelerator Program is designed to provide mentorship, funding, and access to the Techstars Network for life, beginning with the Demo Day at the end of the program when selected startups will be able to pitch to a carefully curated group of investors. The 3-month accelerator program provides entrepreneurs with invaluable skills, resources, and connections to a wide pool of global talent and investors. OurPass, which launched and introduced its fastest one-click checkout app into the African eCommerce market in September 2021, will be taking part in the 13-week virtual accelerator program that starts on the 18th of October, 2021 and ends with a pitch to investors affiliated with Techstars.
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The Chief Executive Officer of OurPass, Samuel Chukwunonso Eze, in a statement shared his delight about the opportunity and its implications for the future of digital commerce in Africa. “As a company, we’re excited and proud to be selected for this opportunity. Gaining exclusive access to a community of diverse mentors, investors and profitable companies that are making huge strides in different industries across the world validates our mission and competence to undertake the goal of building the future of digital commerce through creative, viable, and technologically driven solutions.”
The Toronto regional startup ecosystem, directed by Sunil Sharma, Managing Director, and Tariq Haddadin, Programs Director aims to match startups with mentors that help with transforming early-stage startups into scalable and thriving businesses, capable of attracting investors, talent, and capital for additional growth and prosperity.
“Canada has become a global leader in e-commerce in part because of the entrepreneurial talent developed from the Shopify ecosystem. This combined with our global diaspora makes for an incredible opportunity with OurPass and their vision to bring e-commerce efficiency across Africa, the fastest growing e-commerce market in the world” says Sunil Sharma, Managing Director of Techstars Toronto and investor in OurPass.
OurPass’ acceptance into this program is an endorsement by one of the most renowned investor communities in the world, highlighting the viability of the company’s business model and its dedication to redefining the landscape of digital commerce in Africa. OurPass is building an attractive business model for future investors while birthing creative solutions to the challenges that exist within the digital commerce landscape.
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