Red Flash is selected to the fourth batch of the Katapult accelerator

Red Flash has been selected to join the fourth batch of the Norway-based global impact-tech accelerator Katapult. From a cohort of more than 1800 companies from 98 countries, the team at Katapult Accelerator has chosen Red Flash to join this narrow batch of eleven attractive impact tech companies. Aside from the focus on solving environmental or societal challenges, selected companies must have proven market validation and traction. Along with the mentorship program, Katapult offers an equity investment of USD 150,000.

“Our program shows that generating financial returns and making a positive impact can go hand in hand. We are looking forward to supporting these amazing founders to scale their businesses and create a measurable impact on a global level,” says Haakon Brunell, Managing Partner and co-Founder of Katapult Accelerator.

“We are happy to join Katapult, gaining access to Katapult’s wide mentor network of successful entrepreneurs and investors. This is a unique opportunity for us to take our company to the next level and to accelerate our growth,” says Hans Becker, CEO and founder of Red Flash.

About Red Flash

Red Flash, is a Swedish impact-driven fintech company, pioneering the govtech market with solutions for micro-taxation in Africa. The lead product, SMARTR Tax, a digital platform for local tax and revenue collection, has specifically been developed for the challenges of the informal sector.

With SMARTR Tax, Red Flash helps to generate significant economic impact for local governments. Improving revenue collection creates sustainable economic growth, reducing dependency on foreign aid, hence enabling autonomy and strengthening of democratic governments.

Red Flash operates in six municipalities in Senegal and is now expanding to Togo, Gabon, Guinea and Zambia.