Africa Fastest One-Click Checkout Platform, OurPass, Joins Techstars Toronto Accelerator Program
Africa’s Fastest One-Click Checkout Platform, OurPass, Joins Techstars Toronto Accelerator Program
It has been announced that OurPass, the fastest one-click checkout app that streamlines the shopping experience for millions of online shoppers, has been accepted into the prestigious Techstars Toronto Accelerator Program. The program selects over 500 early-stage companies from around the world and provides them with mentorship, access to capital, investors, and educational opportunities to help them advance their businesses.
Startup accelerator Techstars helps founders and early-stage entrepreneurs turn their ideas into a successful business by providing them with operational investment capital. In order to participate in the Techstars Toronto Accelerator Program, startups must be accepted into the program and receive mentorship, funding, and lifetime access to the Techstars network. The program kicks off with Demo Day, during which selected startups will have the opportunity to pitch to a carefully selected group of investors. Entrepreneurs benefit from the three-month accelerator program, which provides them with invaluable skills, resources, and connections to a global talent pool as well as an investor network. Founded in September 2021, OurPass is the world's fastest one-click checkout app that was introduced to the African eCommerce market in September 2021. The company will participate in the 13-week virtual accelerator program, which will begin on October 18th and conclude with a pitch to Techstars investors.
In a statement, OurPass's Chief Executive Officer, Samuel Chukwunonso Eze, expressed his excitement about the opportunity and the implications it has for the future of digital commerce in Africa. "As a company, we're overjoyed and honored to have been selected for this opportunity to grow. The opportunity to gain exclusive access to a network of diverse mentors and investors, as well as profitable companies making significant strides in a variety of industries around the world, validates our mission and competence to build the future of digital commerce through innovative, viable, and technologically driven solutions."
It is the goal of the Toronto regional startup ecosystem, which is led by Sunil Sharma, Managing Director, and Tariq Haddadin, Programs Director, to connect startups with mentors who can help them develop into scalable and thriving businesses that can attract investors, talent, and capital to ensure their long-term growth and prosperity.
"Because of the entrepreneurial talent nurtured within the Shopify ecosystem, Canada has risen to prominence as a global leader in online commerce. This, combined with our global diaspora, creates an incredible opportunity for OurPass and their vision to bring e-commerce efficiency to Africa, which is the world's fastest growing e-commerce market, and to the rest of the developing world "Sunil Sharma, Managing Director of Techstars Toronto and a shareholder in OurPass, explains how the company came to be.
The inclusion of OurPass in this program demonstrates the viability of the company's business model as well as the company's commitment to redefining the landscape of digital commerce in the African continent. We are developing novel solutions to the challenges inherent in the digital commerce landscape while also establishing an enticing business model for prospective investors.
