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Ecobank Fintech Challenge 2018 for African Tech Innovators and Entrepreneurs

by OFA

Application Deadline: 11pm GMT, May 17th, 2018.

Ecobank Fintech Challenge is a pan-African innovation competition and start-up partnership offering by Ecobank. It is designed to inspire, support and partner African start-ups and developers, with an aim to facilitate the development of innovative “FinTech” and banking related solutions.

Teams are to submit applications addressing one or more of the following challenges

  1. Digital Onboarding/ Account Opening/ Know- Your-Customer Technology
  2.  Remittances
  3. Digital Sales/Marketing
  4. Offline Mobile-to-Mobile Payments
  5. Multi-Channel Payments/Collect Ecosystems
  6.  SME Intra-African Trade Platform
  7. Any other Fintech solution

Eligibility Requirements:

  • All African start-ups, and start-ups with solutions for Africa are eligible to apply to the fintech challenge

Benefits:

  • Competition Cash prizes: the three top winners at the Innovation Fair will be awarded $10,000, $7000, and $5000 cash prizes respectively.
  • Multinational product roll out: once in a lifetime opportunity to launch products in Ecobank’s over 30 markets across Africa through strategic partnership.
  • Service provider partnerships: start-ups may be selected by Ecobank as a pan-African service partner within Ecobank’s giant 36 country ecosystem.
  • Mentoring and networking support: founders will be conferred as Ecobank Innovation Fellows for a period of one year, granting them access to networking and mentoring opportunities within the Ecobank Group and its vast network of global and African partners.

Application

For More Information:

Visit the Official Webpage of the Ecobank Fintech Challenge 2018

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1 comment

6 African Tech Firms to Watch - Disruption Banking September 25, 2018 - 7:24 pm

[…] In the past few months Nala has secured US$50,000 in funding from DFS Lab, become the number one trending app for finance in Tanzania, and  won of the Ecobank Challenge. […]

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