Accelerex, a fintech, has won the prestigious Excellence in Commerce Enablement Award at the Africa Fintech Summit 2023.
According to the firm, the event was held at the Walter E. Washington Convention Center, Washington DC, United States. It stated that the award celebrates companies that have contributed to the growth and development of the fintech business landscape in Africa.
In a statement, the Managing Director of Accelerex, Mr Olukayode Ariyo, said, “The award is a testament to the hard work and creativity of the entire Accelerex team in the provision of world-class payment and innovative products to businesses across Africa.
“We are in the vanguard of commerce enablement and simplified electronic payment solutions. We are also passionate about deepening financial inclusion and providing financial services to the underserved and underbanked.”
According to the lead organiser of the summit, Mr Andrew Barden, the fintech emerged as the winner of the award after an extensive and in-depth “analysis of its role in the retail and trade markets across Africa and was elected this year’s category winner by a public poll that witnessed over two thousand voting industry stakeholders from across the globe.”
Editor’s Note
In our post on February 19, 2023, in a story ‘Woman burns self to death over failure to offset N70,000 loan’, we reported that a middle-aged woman, simply known as Mama Dada, set herself ablaze over her inability to pay back a loan of N70,000 she reportedly took from a microfinance bank, LAPO. We have since discovered that the microfinance bank referred to in the story was not LAPO Microfinance Bank Limited. We apologise to the LAPO Group for the error in the identification of the name of the said microfinance bank where the deceased took the loan. The mix-up in the name of the MFB is not deliberate.
