Paga joins Ping An Cloud Accelerator.

Nigeria’s payment Company,  Paga has been selected for the fourth cohort of China’s Ping An Cloud Accelerator program.

Ping An Cloud Accelerator is a 5-month acceleration program that is created to grant founders with education, tools, and resources they need to authenticate, strengthen, scale and localize their businesses.

The Ping An Cloud Accelerator program aims to fortify interpersonal relations across borders and to prepare innovative technology companies with aspirations such as Paga to enter the China market.

Paga was selected with 9 other companies from China, the United States, Spain, and Israel.

Speaking on the issue, Jerry Quan, General Manager of Ping An Cloud Accelerator said, “We are excited to have Paga as part of our current cohort for the program. Their goal of building formidable emerging markets-focused on payments business resonates with us, and we are impressed with their progress to date. There are many opportunities to build synergies with Ping An’s technology subsidiaries and external corporate partners, and our engagement with the Paga team thus far has been great. I expect that this is the start of larger collaborations to come between our organizations”.

Paga is a mobile payment company that allows users to send and receive money digitally. Due to its goal to expand globally, it applied for the Ping An Cloud Accelerator program and was selected.

Jay Alaraba, Co-founder and Director of Business Development of Paga disclosed,  “We are proud to be chosen to be part of the Ping An Cloud Accelerator. Our relationship with the Ping An Group offers us the forum to experiment with cutting-edge tools within their global portfolio. The program, which focuses on companies with already strong traction also presents the opportunity for our team to work closely with other emerging leaders in technology, finance, health, and other sectors. The timing is also great, given our expansion to new markets and the introduction of more services on Paga”

The “Ping An Cloud Accelerator which is sponsored by SparkLabs prepares out-standing innovative technology companies across the world to enter the China market. The Ping An Group is considered as one of the largest insurance and financial institutions. It was founded in 2018 and its headquarters is in Futian, Shenzhen,