PaySail Wins DEMO LION Award at DEMO Africa 2014
MEST Incubator's PaySail has been named one of five DEMO LIONS, which was awarded to the top five teams at the just-ended DEMO Africa 2014 conference. Sponsored by the US State Department, these teams will go on to pitch at DEMO US in November on a more global platform, where they will present their products to investors and attend mentorship programs.
[Tweet "PaySail (@happypayroll) wins @DEMOAfrica DEMO LION award!"]
PaySail is the simplest way for Ghanaian businesses to run payroll, generate the appropriate tax and social security filings and reports, and pay their employees each month. In addition to the fully sponsored trip to DEMO in Silicon Valley, PaySail will enjoy free hosting and other cloud services through Microsoft's BizSpark program. Finally, PaySail is also eligible for $100,000 in grants.
The two-day DEMO Africa conference saw speakers and representatives from the US State Department, Microsoft, Accenture, Evernote, and more. PaySail received special recognition from Ngozi Bell of the US State Department who commended the team following their 6-minute pitch, saying that she admired the clean focus of the product, as well as how PaySail empowers local SMBs. PaySail was also joined at the conference by another Meltwater Incubator company, Beam, a bitcoin-powered remittance company that empowers Ghanaians and Nigerians in the diaspora provide for loved ones back home instantly and affordably.
Executive Product of DEMO Africa Harry Hare echoed the excitement over at MEST, saying, "We are very excited that the five startups will have this opportunity.” PaySail will be joined in November by the other top four companies: Jifunza (Rwanda), Nerve (Nigeria), Chura (Kenya) and SpacePointe (Nigeria).
Sign up for our newsletter
Be in the know! Sign up to receive the latest updates from MEST, our partners and the African tech ecosystem.
Due to COVID-19, MEST postpones training program to next year and doubles down on growing portfolio companies
At MEST, we continue to be deeply concerned about COVID-19 and have been closely monitoring developments locally and globally. Our number one priority remains the health and safety of our community and we will continue to follow local authority and health official guidelines.
Due to the ongoing nature of the pandemic and the uncertainty that the future of travel holds, we have been unable to conduct in-person interviews and host recruitment around Africa for our next cohort. For this reason, we have taken the decision to postpone the Training Program to next year.
While these circumstances are indeed unfortunate, we see this as an exciting opportunity at MEST to double down on providing support and mentorship to our existing portfolio companies and the African ecosystem.
Congratulations MEST Class of 2019: Graduation Weekend Recap
A recap of the MEST Africa Class of 2019's Graduation weekend