1st - 8th of March, 2020Luxembourg
Apply now!

Applications close on January 15th!


At the LHoFT, we strongly believe that financial technology is crucial to advancing financial inclusion, empowering groups that have been left behind by the traditional financial system. Whether it’s financing for rural farmers, point of sale technology for underbanked merchants, or specialised insurance products, the positive impact being driven by entrepreneurship is improving lives around the world. As such, Financial Inclusion is a key focus of the LHoFT Foundation.

Building on the success of the 2018 edition of CATAPULT: Inclusion Africa, we are excited to launch the second edition of this unique program of Fintech startup development. Developed by the LHoFT Foundation, the program targets companies focusing on financial inclusion in Africa, aiming to build bridges between Africa and Europe, highlighting their initiatives and very much aligned with the sustainability goals of Luxembourg’s finance centre.

CATAPULT: Inclusion Africa will once again leverage Luxembourg’s Inclusive Finance and Fintech ecosystem to support 12 highly selected firms in developing their businesses and achieving their inclusion goals. Apply now!

Catapult: Inclusion Africa 2020 - 1 Week


1st - 8th of March, 2020

Travel and accommodation costs will be covered for participating Fintechs.

Catapult: Inclusion Africa 2018 Coverage

Finextra: "Luxembourg fintech hub entertains Africa startups"

Ventureburn: "Ugandan fintech wins Best Catapulter Award at Catapult: Inclusion Africa"

Why Luxembourg

► Luxembourg is the European leader in responsible investment fund assets, accounting for 31% of funds and 39% of all assets under management, and has an extensive ecosystem of supporting initiatives and institutions

► The Luxembourg government is committed to the eradication of extreme poverty and support for sustainable development

► Luxembourg has exceeded official development assistance aid donations set by the UN’s Millennium Development Goals, committing an average 1% of gross national income over the past 5 years

► Luxembourg facilitated the establishment of the European Microfinance Platform and has spearheaded field research in the inclusive finance sector

► The Luxembourg government, together with the European Investment Bank and six other partners from the civil and private sectors, set up a Responsible Investing fund labelling agency, LuxFLAG

► Fintech in financial inclusion is a strategic focus area for the LHoFT aligned with the goals of Luxembourg

► The 2019 European Microfinance Award on “Strengthening Resilience to Climate Change” has been delivered on the 21st November 2019 in Luxembourg


1 week training and networking Bootcamp, hosted in Luxembourg on the 1st - 8th of March 2020, for 12 Fintech firms working to improve financial inclusion in Africa.


The Bootcamp will leverage Luxembourg's Inclusive Finance and Fintech ecosystem to support the 12 selected firms in developing their businesses and achieving their inclusion goals.


Fintech as a tool to bolster financial inclusion by helping banks and microfinance institutions to become more efficient and effective in reaching underserved market segments.


Building on the success and experience of the first CATAPULT: Inclusion Africa bootcamp in 2018, this unique program is aligned with the sustainability goals of Luxembourg's financial centre.


Delivered in collaboration with key stakeholders from the microfinance, sustainable finance and traditional finance sectors.

Get Involved!

Apply to join CATAPULT: Inclusion Africa 2020!

If you're interested in being a mentor or sponsor for the program, get in touch with the contact information below.

Catapult: Inclusion Africa - 2018 Cohort

We were amazed at the number and quality of applications from across the world - and specifically from Africa. The following 12 companies completed our 2018 edition of Catapult: Inclusion Africa, and were outstanding in a variety of ways. Many have gone on to close fundraising rounds, key partnerships, and prestigious awards for their products and services:

Akaboxi provides rural communities with a more secure way of keeping smallholder farmers' savings managed and monitored by the use of a digital and inclusive system, replacing the rudimentary way of keeping money in boxes and in people’s homes.

Akiba is a mobile savings app that helps tech savvy millennials save using alternative and behavioural data. The gamified savings experience makes it fun and rewarding, with an AI bot that's there to educate, nudge and provide insights to our savers to ensure they realise their goals.

Luxembourg Fintech award’s winner for Financial Inclusion, IBISA is a risk-sharing microinsurance alternative targeting small farmers worldwide. IBISA is based on a peer-to-peer architecture supported by blockchain and Earth Observation technology.

Four One Financial Services Limited’s offerings include the first micro-pension scheme, followed by building the Mayicard Platform which makes access to healthcare insurance and/or prepayments and access to assets like land and housing possible.

Inclusivity Solutions designs, builds and operates digital insurance solutions for emerging markets with the aim of protecting and enhancing the quality of life of vulnerable people. It provides complete solutions to introduce and grow sustainable inclusive insurance markets.

Koosmik provides a mobile banking application to the young or more generally unbanked population in Western Africa. Users get a free mobile wallet as a hub of services: cash deposit and withdrawal points, bills payment, mobile payment, social credit, insurance or remittance.

MaTontine provides access to small loans and a range of financial services like micro-insurance for the financially excluded in Francophone Africa. Trying to solve the large and complex problem of how to lend small amounts profitably and at scale to the millions of financially responsible Africans.

NALA is a mobile money application offering a single, unified wallet for transactions that functions without a data connection over 2G signal and providing users with an accurate breakdown of their spending habits.

OKO creates and distributes affordable crop insurance products for smallholder farmers in emerging markets. They use satellite imagery and localised weather information to automatically compensate the insured farmers when they identify that they have been affected by a loss of production.

Ovamba provides short-term capital to micro, small and medium sized businesses in Africa, emerging markets and the GCC for trade, inventory purchases and growth. The capital is provided by International investors from the US, U.K. and Japan.

Vouch Digital builds an online verified digital supply chain platform that among other things helps simplify the distribution of cash in form of digital vouchers meant for purchasing goods or services such as hermetic storage, seeds, fertilizers, medical equipment, oil and gas among others.

WeCashUp enables merchants to accept and disburse payments in Cash, Mobile Money, Bank Mobile wallets, Bank Cards and Crypto-currencies on their web or mobile apps in the 54 African countries via a single API integration.


Do you have any questions or would like to send us a comment?

We look forward to hearing from you.


Apply now!

Applications close on January 15th!

Sponsors, Mentors & Guests:


Sponsors & Strategic Partners

Program Sponsors

Strategic Partners