Kenyan startup Nims, an expense management software that aims to eliminate fraud and increase transparency, was declared the winner of the Startup Istanbul Challenge over the weekend.
Startup Istanbul brought together founders, investors and executives from Asia and Africa, but it was Kenyan company Nims that stole the show, beating off competition from 15 other startups t win the main prize.
The startups pitched in front of a jury comprised of Steve Blank, Andrea Barrica and Andy Tsao, with two other African startups – Mytoddlr from Nigeria and Expensya from Tunisia – also taking part.
Second place went to iGrow from Indonesia, for its platform helping people with planting of crops, while in third place was Taskulu from Iran for its online task management platform.
“The quality of pitches this year was in very high level and it was very tough choice when it came to naming the top three winners,” the organisers said.
Founded by Louis Wajeiya and Ian Karega, Nims helps reduce fraud while creating transparency and efficiency by harnessing both mobile and web technology to give businesses control measures in safeguarding their expenses.
