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Aimed at identifying and rewarding the most innovative problem solvers at the intersection of finance and technology, the Ecobank FinTech Challenge is shining the top emerging FinTechs in Africa. This year, as in the previous edition, the winning startups will receive cash prizes. In addition, they will be granted access to a continent-wide market, and get to connect with a network of mentors and investors.
Benefits
The top-performing startups in this competition will reap these benefits:- The top three FinTechs will receive cash prizes of $15,000, $12,000, and $10,000 respectively
- A chance to have their product rolled out in over 30 markets across Africa where Ecobank has a presence
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- Be granted access to Ecobank’s banking sandbox
- Inducted as Ecobank FinTech fellows, and connect with potential partners, mentors, accelerators, and investors from all over the world
Eligibility
Entrants are expected to meet these conditions:- Be a FinTech based and operating in Africa
- Tackling pain points in customer experience, financial inclusion, credit scoring, payments, internal controls, and ecosystem aggregation, among others
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Applications will remain open until July 21, 2023. If you would like to enter this competition, you can do so HERE. Featured Image Source: Your Opportunity Africa
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Africa is now growing more and that’s a great initiative of adopting the fintech challenges with cash prizes and great startups within a less time period.
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