Algeria, November 8, 2018

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Self-insurance startup Franc Group wins Seedstars Johannesburg

Self-insurance platform Franc Group has been selected the winner of Seedstars Johannesburg pitch event. The startup will now be heading to the Seedstars South Africa Finals that will be held on November 14th.

Franc Group is a self-insurance platform that offers customers the opportunity to grow their wealth and manage their personal risk.

Uthini, which is a language learning platform that connects busy professionals who need to learn a language to people who can speak it using a structured learning path and chatbot technology came second. Maxicash, a financial support ecosystem built around remittance and payments for the African Diaspora to support their families financially grabbed the last spot in the top 3. Uthini and Maxicash will also be heading to the Seedstars South Africa finals.

Continuing on its world tour of startup scenes in emerging markets and fast-growing startup scenes, Seedstars World’s next stop is Gaborone at, Botswana Innovation Hub, to select the best startup in Botswana. Seedstars World is looking for smart startups that solve regional issues and/or develop profitable products for the global market.

Winning startups will now represent their countries at the Seedstars Summit in Switzerland. The summit is a weeklong training program, with the opportunity to meet the more than 65 winners from other fast-growing economies, as well as investors and mentors from around the world. The final day of the Summit is dedicated to pitching in front of an audience of more than 1000 attendees, with the possibility of winning up to USD one million in equity investment and other prizes.

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