Verto has announced the launch of the Verto Global Business Award designed to support early-stage startups in Kenya, Nigeria, and South Africa. This is by providing them with financial resources and global exposure to scale internationally.
Verto is a global fintech company specializing in cross-border payments, foreign exchange (FX), and enterprise banking solutions across emerging markets.
The award aims to accelerate the growth of high-potential startups, particularly those already engaging in multiple markets and working with international suppliers.
Verto, which is known for its efforts in simplifying financial transactions across emerging markets, is looking to bridge these gaps by:
- Offering financial grants to help startups expand beyond local markets
- Recognizing businesses with high growth potential in international trade
- Providing winners with global visibility and credibility to attract investors and partners
Applications for the Verto Global Business Award open on February 6, 2025. Eligible startups must meet the following criteria:
- Early-stage startups operating for a maximum of two years
- Based in Kenya, Nigeria, or South Africa
- Demonstrate operations across multiple markets
- Have established connections with international suppliers
The winning startups will be selected based on innovation, market impact, and business growth potential. The prizes are structured as follows:
- Winner: $10,000 to scale operations globally
- Runner-up: $3,000 to support expansion
- Second runner-up: $2,000 for international business growth
The winners will be officially announced on October 10, 2025.