Verto wins $1 Million Milken-Motsepe Prize in FinTech
- The Milken-Motsepe Prize in FinTech launched in May 2024, attracting over 3,000 entrepreneurs.
- 400 applications were narrowed down to 10 semifinalists who presented at the Milken Institute Middle East and Africa Summit in December 2024.
- The $1 million award was presented on May 5 at the Milken Institute Global Conference in Los Angeles.
The Milken-Motsepe Prize in FinTech represents a significant step towards enhancing financial inclusion in emerging markets. It highlights the importance of innovation in the financial sector and the potential for fintech solutions to drive economic growth. The recognition and resources provided to winners like Verto can catalyze further advancements in this critical area.
