Verto, a global fintech firm specializing in cross-border payments and banking solutions, has launched the Verto Global Business Award to support early-stage startups with international ambitions.
Why it matters
The award aims to break down financial barriers for startups, helping them scale into new markets and build international supplier connections.
With a total prize pool of $15,000, the initiative underscores Verto’s commitment to enabling seamless global trade.
The details
- Applications open on February 6, 2025, for startups in South Africa, Nigeria, and Kenya that have operated for a maximum of two years.
- The competition will recognize sector-agnostic startups demonstrating market impact, innovation, and growth potential.
Prizes:
- Winner: $10,000
- Runner-up: $3,000
- Second runner-up: $2,000
- Winners will be announced on October 10, 2025.
What they’re saying
“For startups, access to global markets isn’t just an advantage—it’s a game changer. At Verto, we’ve spent years breaking down financial barriers, and this award takes it a step further by equipping entrepreneurs with the resources and recognition they need to scale globally.” — Ola Oyetayo, CEO and Co-Founder of Verto
The bigger picture
- According to the World Trade Organization, 29% of global GDP is linked to international trade, and intra-African trade is set to boost income by $450 billion by 2035.
- Verto, launched in 2017, facilitates cross-border transactions, offering businesses secure payments in over 200 countries and conversions between 50 currencies.
What’s next
Interested startups can submit their applications online starting February 6, 2025.
