HiPipo kicks off 40 Days 40 FinTechs initiative for Tanzania


The inaugural 40 Days 40 FinTechs initiative for Tanzania has kicked off with a focus on tracing the journeys of financial technology stakeholders from all over the country.

First implemented in Uganda, 40 Days 40 FinTechs is an annual FinTech Innovation initiative presented by HiPipo to recognize and celebrate individuals and organizations who are making significant strides in promoting financial inclusivity through the use of technology.

It is aimed at promoting innovation and collaboration among FinTechs in Africa. The initiative is designed to provide FinTechs and startups with mentorship, training, exposure, and networking opportunities to help them grow and scale their businesses.

“For more than 40 days, the initiative will shine a spotlight on Tanzanian FinTechs that are breaking down digital barriers and transforming lives for the better. We are traversing the entire Tanzania and engaging innovators at all levels. There are several exciting FinTech solutions and each day, a unique story will be told and amplified across media to garner maximum visibility and impact,” Nicholas Kalungi, the HiPipo COO noted while kicking off this project.

He added: “By shining a spotlight on these innovators, we aim to inspire others and create a ripple effect towards the creation and dissemination of technology that enables financial inclusivity. Many startups that have participated in the program in Uganda have gone on to receive funding and support, and have successfully scaled their businesses. We even better outcomes for Tanzania.”

40 Days 40 FinTechs initiative Tanzania is part of HiPipo’s broader Include EveryOne Program that is generously supported by the Gates Foundation and implemented in partnership with Level One Project, ICTC Tanzania, Ideation Corner, Cyber PLC Academy, INFITX, NG Films, Founders Academy and Mojaloop Foundation.

The Include EveryOne program is a beacon of acceleration of FinTech Innovation, empowerment for Women in FinTech and a catalyst for investment and development in the ICT sector. Minus 40 Days 40 FinTechs, other initiatives under the Include EveryOne Program are the FinTech Landscape Exhibition, Women in FinTech Hackathon, Summit and Incubator, Digital Impact Awards Africa and the Digital and Financial Inclusion Summit.

HiPipo is recognized as a premier advocate of digital Innovation and financial inclusion champion, a fervent proponent of the #LevelOneProject. HiPipo has been at the forefront, actively promoting digital innovation, Instant, Inclusive Payment Systems (IIPS), and DFS across Africa. With a legacy of advising, mobilizing, and facilitating the adoption of inclusive financial services, HiPipo’s efforts have been nothing short of transformative! For almost two decades, HiPipo has successfully facilitated the inclusive adoption of these crucial services.