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Originally published by Tech Arena
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tech
October 2, 2025
3h ago

Safaricom Unveils 10 Startups for Spark Accelerator Cohort II

Safaricom Unveils 10 Startups for Spark Accelerator Cohort II

Safaricom names 10 startups for the second Spark Accelerator cohort, offering mentorship, funding, and market access to scale..

✨ Key Highlights

Safaricom has announced the 10 startups selected for the second cohort of its Spark Accelerator Program. This initiative, in partnership with M-PESA Africa and Sumitomo Corporation, aims to foster innovation and growth in commercially viable tech startups.

  • The selected startups include Mediakits.Io, WePlay Arcade, GoPay, FlexPay, QuePay, Leta.AI, Oye, DigiTax, Incourage Insurance Agency Limited, and StockApp.
  • The three-month acceleration program begins in October 2025 and focuses on mentorship, technical support, and corporate market access.
  • Safaricom CEO Peter Ndegwa stated the program's goal is to "nurture, grow and scale commercially viable tech start-ups that drive positive societal impact."
  • The startups operate in key sectors for Africa: Embedded Finance, Creative Economy, Future Fintech, and SME Productivity Tools.
  • A Demo Day in February 2026 will allow participants to pitch to investors, followed by nine to twelve months of post-acceleration support.

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