Our portfolio company, Vesti, has launched in the United Kingdom. The fintech wrapped up its 2023 expansion efforts with a launch event in the UK. Last quarter, Vesti successfully extended its operations to Ghana and Zambia, culminating in the exciting launch in the UK. This event highlighted the fintech’s innovative platform, which has garnered a user base of over 200,000, and marking a significant milestone in the company’s 18-month journey.
Vesti’s Co-founder and CEO, Olusola Amusan, delivered the keynote on the pivotal role of Migration Fintech in empowering global communities. “In 2022, 1.2 million people arrived in the UK while 557,000 left, resulting in a net migration of 606,000 by June’s end. These figures from the Office for National Statistics (ONS) paint a dynamic picture of the UK’s evolving population. Vesti’s expansion into the UK is strategically aligned with its mission to empower immigrants worldwide. The UK’s significance as a gateway for migration-related activities makes it an essential destination for Vesti’s innovative platform.” he said.
Additionally, the event featured Entrepreneurial, Investor, and Testimonial Panels, that provided attendees with invaluable insights from industry luminaries.
Backed by investors from Africa and the US, including Techstars, Vesti’s vision is influenced by immigrant experiences. Moreover, the fintech’s migration services offer guidance to those seeking opportunities in the US, Europe, and other parts of the world. As a result, Vesti has established itself as a trusted partner for immigrants striving to build a brighter future.
Congratulations to the Vesti team and founders!
HealthCap Africa is an Africa-focused venture capital firm that invests in fintech and healthtech startups across the continent. Our portfolio companies including Vesti, operate across 12 countries, have created 12,000 indirect jobs, 1,000 direct jobs and are currently serving nearly a million users/customers. Learn more about us here