The Nigerian fintech enterprise Regxta has emerged victorious in the latest iteration of the Pitch2Win competition, securing a substantial reward of US$10,000 in funding without any equity requirements. Additionally, the startup has earned a fully-funded opportunity to attend IVS2024 in Kyoto, which is recognized as Japan’s premier conference for startups.
Pitch2Win: A Platform for Innovation
The Pitch2Win competition, an initiative spearheaded by Techcircle and supported through a partnership with Freakout, SGverse, and SGgrow, hosted its fourth annual edition on June 12. The event featured a lineup of 15 innovative startups, each presenting their business concepts to a panel of distinguished judges and investors.
Regxta’s Winning Vision
Among the competitors, Regxta stood out and clinched the top spot. Established in 2021 by the entrepreneurial trio of Rukayat Bello, Afis Bello, and Moses Obika, Regxta aims to bridge the financial inclusion gap. Their user-friendly digital platform is designed to facilitate convenient and rapid access to financial services for individuals without traditional banking support, specifically targeting small-scale businesses and individuals in rural and semi-urban areas throughout Africa.
Other Highlights: Preggify’s Recognition
Another notable achievement at the event was the “Sponsors’ Choice” award, which was bestowed upon Preggify, a startup specializing in pregnancy care services. Preggify received the privilege of an all-expenses-paid trip to the IVS2024 conference in Kyoto, marking a significant recognition of their innovative approach to maternal care.
Conclusion
Regxta’s success at Pitch2Win highlights the potential of fintech solutions to address critical issues of financial inclusion. As they prepare to showcase their innovations on an international stage in Kyoto, the future looks promising for this dynamic Nigerian startup.