Kenyan fintech startup, Kwara, is among nineteen other startups from Sweden, the United States, India, Rwanda, Ghana, Nigeria and more that will participate in the Norrsken Impact Accelerator in the European capital of unicorns: Stockholm, Sweden.
The Norrsken Impact Accelerator program aims to help startups scale over an 8-week sprint, hosted at Norrsken House Stockholm. These startups will benefit from mentorship and personalized support from serial entrepreneurs, unicorn founders, business leaders and subject matter experts. The program culminates with a pitch to over 150 leading international investors such as Accel and Norrsken VC.
There were applications from more than 120 countries. This places Kwara in the top 1% of impact startups worldwide.
Cynthia Wandia, CEO of Kwara, said: “Norrsken has a proven track record of finding and accelerating high-impact startups with unicorn potential and we are honored to be a part of this year. Following Kwara’s rapid growth and international presence, we are confident that close interaction and mentorship from the founders of unicorns such as Klarna, Truecaller and Oatly will enable Kwara to learn from the best as we chart our path to the top.
Norrsken VC is a €125 million impact venture capital fund that invests in top entrepreneurs who are solving societal problems through technology. The vision of the Norrsken Impact Accelerator is to create real change by investing in next-generation business models. They focus on businesses where impact results from core operations and where impact and profit go hand in hand.