Last week, 1776 member Beyonic announced huge news. The mobile payment startup finalized its partnership with Mobile Accord to form the largest mobile money aggregator in Africa.

Luke Kyohere, Beyonic’s CEO and Cofounder, is Ugandan and explained that his startup is different from other similar mobile payment platforms because it focuses on company customers in emerging markets. Beyonic is the product of Kyohere’s determination to resolve financial transaction issues in Uganda and the rest of Africa. Read more.