Global multi-asset broker Exness is extending its fintech scholarships programme to Kenya.

The fintech scholarships support outstanding university students in a STEM field and will be run in partnership with the United States International University (USIU) – an institution in Kenya.

The programme in Kenya is open to third and fourth-year USIU undergraduates in data science, analytics, and software engineering or students who have accepted an offer for the MSc in Information Technology course starting in September 2023.

Exness says the scholarships will cover the whole amount for tuition fees and living expenses. Interested students are encouraged to send applications to Exness, including a CV, academic transcripts, and a motivation letter by 28 July 2023.

Exness says launching the fintech scholarships programme in Kenya demonstrates its commitment to support education in the countries in which it operates.

Kenya is the third country to benefit from the scheme. It follows Cyprus, where two students accepted scholarships to study at the University of Cambridge.

In South Africa, three students won the chance to pursue post-graduate studies at the University of Cape Town.

Martin Thorvaldsson, Exness head of community, said: “We recognise the importance of higher education for our youth’s future and are honoured to be part of the journey of excellent students in building the STEM careers and future they dream of.

“We strongly believe that technology and innovation are key sectors for every economy, and as a fintech company, we are committed to supporting the minds that can contribute to their growth and development.”

Prof. Margee Ensign, vice chancellor at USIU Africa, commented: “We strongly believe that to transform society, learning and education need to align with local and global challenges and opportunities. The scholarship degree programmes of data science and analytics, software engineering and information security are game changers for the landscape of the 21st century.”