Team Pezesha picked for Silicon Valleys Blackbox Connect

In Innovation, Startup, Tech

Nairobi based Peer to peer micro-lending startup Pezesha Africa has been selected to participate in a Silicon Valley Accelerator program called Blackbox connect with 20 others from around the world.

It’s a two-week residential programme for startup founders across the globe being held in Silicon Valley at the end of November 2017. The Blackbox model is designed to elevate startup founders globally by working to create a strong foundation which promotes their long-term potential, expands their worldview, exposes them to new opportunities, and connects them with their own greatness.

“Pezesha is excited at being selected to participate in the upcoming Blackbox Connect 20 accelerator programme!,” the startup said on its website.

Through a robust credit scoring model built on both conventional and unconventional forms of data, Pezesha provides credit to low-income borrowers currently excluded by the financial system. In just 10 months of operation more than 5,000 borrowers have received a loan from the platform, funded by a pool of more than 100 local lenders seeking a more purposeful means to their idle capital.

There are many ways Pezesha hopes to benefit from Blackbox’s flagship experience, including:

Connecting with fellow talented founders from more than 40 countries to share ideas, networks and partnerships
Build relationships with the pool of experienced venture capitalists, and subject matter experts
Access to strategic resources to fuel Pezesha’s growth and global expansion.

Read: iHub Cofounder Jesica Colaco joins 16 others in Blackbox connect

Pezesha is also proactively contributing by sharing lessons, ideas and networks from our diverse practical learnings and experiences in emerging markets. Our Founder will further share experiences of more than 7+ years in shaping the tech ecosystem in Kenya, successfully exiting a tech company, and building world-class platforms with local talent.

About Blackbox

Blackbox aims to serve founders from every corner of the globe. Their network of 350 Blackboxers spans more than 60 countries and six continents one relationship at a time. Over 90 percent of startups founded by Blackboxers continue to grow and thrive, nine companies have exited, and the majority have come full-circle by taking on new leadership roles in their startup communities.

Blackbox leverages value-aligned partnerships to expand global reach and impact – partnerships that Pezesha also hopes to leverage on. Some of the global partners and sponsors of Blackbox include Google, Silicon Valley Bank, Stripe and IBM.

Let’s connect in Silicon Valley?

We look forward to be being part of the program come November 2017 and would love to meet with others in the Bay area who share our world view.

If, like us, you are crazy enough to be building a business that will change the world or a potential investor or partner in the region looking to connect with us while we are there, please hit us up at hello@pezesha with email subject title “Let’s connect when in Silicon Valley”.

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