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KasiTech: Fintech for Every Corner of South Africa

 

KasiTech is FINASA’s flagship initiative dedicated to fostering the growth of fintech startups in South Africa’s townships and rural communities. We believe that innovation is not confined to boardrooms or urban hubs, rather, it lives in the resourcefulness of everyday people solving real problems on the ground. KasiTech aims to uncover, support, and elevate these grassroots innovators by creating opportunities where they’re needed most.

 

 

Why KasiTech Matters

 

Over 50% of South Africa’s population lives in townships or rural areas, yet these regions remain underrepresented in the fintech landscape. Limited access to funding, digital infrastructure, and formal business networks often prevent promising entrepreneurs from scaling their ideas. KasiTech bridges that gap by offering targeted support to township-based fintech innovators who are building solutions for their communities, by their communities.

 

Township entrepreneurs face unique challenges cash-dominated economies, informal employment, low trust in traditional financial institutions, and infrastructure constraints. Yet, these are the same areas where innovation is urgently needed. KasiTech supports founders who are tackling these challenges head-on through mobile money, micro-lending platforms, savings tech, informal economy tools, digital wallets, and more.

 

 

What KasiTech Offers

 

Our comprehensive support model includes:
 

 

• Capacity Building: Practical training workshops covering product design, compliance, digital security, payments infrastructure, and customer acquisition.

• Mentorship: Access to experienced fintech leaders, investors, and legal experts who offer guidance and strategic insight.

• Technical Enablement: Support with regulatory sandboxes, integration APIs, and partnerships with payment service providers and banks.

• Funding Access: Connection to angel investors, micro-grants, pitch competitions, and incubation pipelines.

• Policy Advocacy: We bring township entrepreneurs into national fintech conversations, ensuring that their voices shape the future of regulation and innovation.

 

 

Our Focus on Youth and Women

 

KasiTech is purposefully designed to be inclusive, especially for young entrepreneurs and women who are underrepresented in the fintech sector. Through tailored workshops, peer networks, and leadership development, we help them navigate barriers and scale sustainable businesses.

 

 

How You Can Get Involved

 

We call on strategic partners in government, development finance institutions, the private sector, and academia to join the KasiTech movement. Whether it’s through funding, infrastructure, skills training, or simply amplifying the voices of township innovators, your support can help unlock the next generation of African fintech pioneers.

 

 

Together, Let’s Build a Financially Inclusive South Africa

 

KasiTech isn’t just a program, it’s a call to action. A challenge to reimagine where innovation happens. A movement to empower local heroes. Join us in building a financial ecosystem that works for everyone, everywhere.