DreamOval wins Stanford Transformation Awards

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CEO among Top 30 Transformational Technology Leaders list

The Stanford Seed Transformation programme, a Stanford Graduate School of Business-led initiative designed to provide management training to entrepreneurs in Africa and India, has declared DreamOval Ghana Limited the winner of its transformation award.

The award aims to recognise companies that have demonstrated a vision of growth and transformation in measurable ways. Dreamoval, one of Ghana’s most recognised technology start-ups, was recognised for its transformational journey – which involves exporting its technology across the African continent.



The company recently received its Enhanced Payment Provider Licecse from the Bank of Ghana, and already deploys its robust technology platforms in Zimbabwe and Lesotho.

The company’s transformation journey has been recognised by the SEED programme, which will see it expanding its reach across Africa and evolving from a Ghana-based fintech focused on payments to into a Pan-African group focused on enabling Africa’s digital future on the back of intuitive, intelligent technology.

It’s hardly surprising to learn that the company’s CEO, Mr. Claud Hutchful, was at a separate National Communications Awards event – awarded as one of Ghana’s top 30 Transformational Technology leaders.

The event, aimed at recognizing players in the digitization ecosystem at both the private and public sector levels, celebrates personalities championing digitization and national development in Ghana.

Mr. Hutchful’s award comes on the back of his leadership in the technology space. Dreamoval, which he co-founded in 2007, has grown to become one of the most recognisable start-ups in the country. With the company’s software integrated into 16 of Ghana’s 23 local and international banks, as well as banks in Zimbabwe and Lesotho, the company’s leadership in the fintech space is formidable.

In acknowledgment of the award, Mr. Claud Hutchful said: “I’m grateful to be nominated among so many other brilliant minds. There is much more to come from Dreamoval in the next year as we continue our aggressive expansion across the continent”.

The company is rumoured to be launching a major consumer product in the first quarter of next year, and was also named the most ambitious technology company by Africa Technovate awards last year.

Commenting on both the Stanford seed award and nomination of Dreamoval’s CEO as one of the top transformational tech leaders in Ghana, the SVP of Marketing for Dreamoval, Mr. Charles Kollo said: “This comes with a lot of pride that our customers, market and industry leaders are recognising our technology and leadership. We believe that our ambition to empower the African middle-class is being recognised and we need to continue innovating to provide value to the African financial ecosystem”.

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