Koa, a Kenyan-based fintech startup is among the five finalists for the Startup Battlefield challenge 2021. Koa is competing for $100,000 and the Disrupt Cup.
Africa’s only representative in the lineup is Koa, launched in 2020 by Alexis Roman and Delila Kidanu as a digital savings app that offered Kenyans an easy and modern way to save some money and accomplish their goals while earning better interest than competitors.
Organized by Tech Crunch, the Startup Battlefield challenge 2021 initially started with 20 companies across the globe. Each had six minutes of pitching and answering questions from a panel of judges, which comprised editors from TechCrunch, top entrepreneurs, and past winners.
Tech Crunch is an American online newspaper that focuses on high-tech and startup companies, with aim of helping them get partnerships with top investors the world over.
The participants had six minutes to present their pitch decks and answered six minutes of questions from noted investors and executives.
Other startups in the finals include Nth Cycle, an American recycling startup that uses an electro-extraction system to recycle waste into valuable minerals like nickel, cobalt and manganese, and Tatum, a blockchain company from Czech Republic.
Cellino is a biotech startup from Cambridge that uses Artificial Intelligence to help cell therapy like cell regeneration.