Lagos, Nigeria | June 4, 2025 – Nigerian ed-tech startup Sproutly Africa has been named among the 12 ventures selected for the 2025 Mastercard Foundation EdTech Fellowship, an accelerator programme implemented by Co-Creation Hub (CcHUB). The fellowship provides up to $100,000 in non-equity funding, alongside mentorship, product development support, and access to investor networks.

Founded in 2021, Sproutly Africa offers a financial services platform tailored for educational institutions and families. Its solutions address challenges such as fragmented invoicing systems, delayed tuition payments, and limited access to credit, especially for families in the informal sector. By leveraging data-driven tools, Sproutly simplifies payments, billing, expense management, and credit access, aiming to make education financing more accessible and inclusive.

Sproutly's inclusion in the Fellowship reflects a growing emphasis on scalable, inclusive ed-tech solutions that address foundational learning gaps. The third cohort features an equal split of male and female founders, underscoring the programme’s commitment to gender diversity in Africa’s innovation ecosystem.

Over the next six months, CcHUB will support the cohort in scaling their solutions, building capacity, and fostering partnerships to enhance the future of learning in Africa. The Fellowship aims to support EdTech companies across Africa that address learning challenges in K-12, tertiary education, and vocational training. 

Sproutly Africa’s participation in the Fellowship marks a significant milestone in its journey to promote financial literacy and inclusive education financing, contributing to broader efforts to improve educational outcomes across the continent.