Technology conglomerate Google has chosen 24 start-ups from developing markets around the world, including South Africa, out of thousands of applications to participate in a two-week boot camp to take their business to the global stage.

Going digital for the financial services industry has been regarded as a faster, safer, efficient and more convenient method of banking operations, enabling straight-through processing as well as the automation and digitisation of a number of repetitive, low-value, and low-risk processes. For a country like Philippines, which is still heavily reliant on cash transactions, the need to adopt digital payments to fully realise its endeavour of going cashless.

We are pleased to announce that Google has selected Ayannah to be part of Google's Launchpad Accelerator. The Launchpad Accelerator is a six-month acceleration program that matches top growth-stage startups from emerging ecosystems with the best of Google - its people, network, and advanced technologies - to help scale great products.

Google has announced the startups that will join the latest edition of its Launchpad accelerator program, with 10 of the 24 new entrants hailing from Asia. This latest intake represents the accelerator’s fifth batch, and includes the first Bangladeshi and Pakistani startups to be selected.