Axis Pay and Adonis Make Business Insider's Most Promising Startups of 2023 list
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Axis Pay and Adonis Make Business Insider's Most Promising Startups of 2023 list
Axis Pay is the digital banking platform for small businesses in Egypt. Adonis maximizes revenue outcomes for healthcare providers.
Business Insider approached leading venture capitalists to identify the most promising US startups of the year. Seeking unbiased opinions, they specifically asked VCs to mention companies from their portfolios and ones they have no financial affiliations with. The outcome was a compilation of emerging startups spanning various industries and funding stages, presenting an exciting glimpse into the future of innovation and entrepreneurship.
Jenny Fielding, co-founder of Everywhere Ventures, recommended portfolio company Axis Pay as one of the 73 most promising startups of 2023. Egypt's economic landscape thrives on the backbone of small businesses, which contribute up to 80% of the nation's gross domestic product. Despite their substantial role, these enterprises lack access to essential digital banking services, hindering their potential for growth and expansion."Axis solves this by providing small businesses with a digital banking alternative starting with payroll," said Jenny.
Everywhere’s portfolio company Adonis was also mentioned on the list, having been recommended by Ben Ling of Bling Capital. Adonis is an innovative AI-driven platform revolutionizing revenue-collection processes in the healthcare industry. By seamlessly automating interactions among healthcare providers, including doctors, hospitals, and insurance companies, Adonis has unlocked new horizons for efficiency and intelligence.
Read the full story in Business Insider.