Nailab enrols five startups in its 5thEdition

Nailab startup accelerator has admitted this season’s startups 5th edition who commenced the programme Monday 12th January which will run until end of June making the number of startups enrolled in the incubator 40 thus far.

Out of 35 startups from previous programmes, 16 of them are still in operation with 6 currently operating within profit margins. Nailab has also seen some of their startups get assimilated in other growth level accelerators with the most recent being card planet, now known as pay kind, who recently joined an accelerator in Silicon valley.

The newly enrolled startups will be eligible to funding from ksh300,000 upwards, 6 months’ training sessions and with that exposure which will give them better stature in the market. Here are the startups to watch out for this 2015;

Byt: This is a startup looking to facilitate purchase of bitcoins by offering a purchase option using local mobile money platforms. Users also get a guide on where to use the bitcoins purchased

Tracopay: Developing a super smart card that uses NFC technology to facilitate retails transactions and is also set to enable bill payments, money transfer and online payments. The solution is set to redefine ease, speed and efficiency on transactions made using proprietary technology. Security is assured using a biometric lock system

Service line: Is creating a system that generates one toll free service line that helps consumers access emergency services and different businesses hotline services therefore eradicating the need for one to absorb a million numbers. In partnership with Small and Medium Enterprises (SME) and Small and Home Office businesses (SOHO’s) the system will offer more than just customer relations, it will help build customer experiences.

Ujirani: Is a mobile app that is set to digitize the nyumba kumi initiative. The app will help connect neighbours within set neighborhoods using a safe and controlled system. The app using geo-mapping will help identify the users neighborhood and location. It will also give access to emergency services through their distress option.

Lipaplus: A startup developing a mobile POS system that is attached to an android phone and is designed for small-scale businesses to enable them access credit and debit card payments.



Winfred Kuria854 Posts

Winfred Kuria is a self-constituted web content writer in charge of Tech News and Events Publicity at She will communicate in the simplest way possible with an aim of changing the world one mind at a time.


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