Launchpad Studio is an acceleration programme run by Google for the world’s top startups, which sees founders work closely with Google and Alphabet product teams and experts to solve specific technical challenges and optimise their businesses for growth with machine learning.
Ten startups have been chosen for the finance-focused programme, with Ghanaian identity verification startup Inclusive part of the cohort. The Germany-based Frontier Car Group, which is an investor in Nigerian used car marketplace Cars45, also makes the cut.
The other selected startups hail from the United States (US), Singapore, India, Indonesia, Brazil and the United Kingdom (UK). Each startup will be paired with a Google product manager to accelerate their product development, working alongside Google’s machine learning research and development teams.
Launchpad Studio provides one-on-one mentoring and access to Google’s people, network, thought leadership, and technology.
“These Studio startups have been invited from across nine countries and four continents to discuss how machine learning can be utilised for financial inclusion, stable currencies, and identification services,” said Rich Hyndman, global tech lead at Google Launchpad.
“They are defining how ML and blockchain can supercharge efforts to include everyone and ensure greater prosperity for all. Together, data and user behavior are enabling a truly global economy with inclusive and differentiated products for banking, insurance, and credit.”