Introduction
Nigerian fintech enterprise Regxta has won the prestigious Pitch2Win competition, securing a substantial reward of US$10,000 in funding with no equity requirements. Additionally, Regxta has earned a fully-funded opportunity to attend IVS2024 in Kyoto, Japan’s premier conference for startups.
Competition Overview
Pitch2Win is an initiative led by Techcircle, supported by partners Freakout, SGverse, and SGgrow. The fourth annual edition of the competition took place on June 12, featuring 15 innovative startups presenting their business concepts to a panel of distinguished judges and investors.
Regxta's Journey
Founded in 2021 by Rukayat Bello, Afis Bello, and Moses Obika, Regxta aims to bridge the financial inclusion gap in Africa. The fintech company provides a user-friendly digital platform designed to offer convenient and rapid access to financial services for individuals and small-scale businesses in rural and semi-urban areas who lack traditional banking support.
Winning Pitch
Regxta’s standout presentation at Pitch2Win highlighted its mission and innovative approach, earning the startup the top spot and a US$10,000 prize. This victory not only provides financial support but also validates Regxta’s efforts to enhance financial inclusion across Africa.
Sponsors' Choice Award
Another notable achievement at the event was the “Sponsors’ Choice” award, given to Preggify, a startup specializing in pregnancy care services. Preggify also received an all-expenses-paid trip to the IVS2024 conference in Kyoto, recognizing their innovative approach to maternal care.
Attending IVS2024
Regxta’s fully-funded trip to IVS2024 in Kyoto presents a significant opportunity for the startup to connect with global leaders in the startup ecosystem, gain valuable insights, and explore potential partnerships. This exposure is expected to further propel Regxta’s mission and growth.
Continued Impact
With the Pitch2Win victory and upcoming participation in IVS2024, Regxta is well-positioned to continue making a substantial impact on financial inclusion in Africa. The startup's innovative solutions and commitment to serving underserved communities are set to drive further advancements in the fintech sector.