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Ecobank has unveiled the fourth edition of its fintech challenges which will offer winning startups the opportunity to scale their solutions with Ecobank, as well as access to investors and mentors.
The Ecobank Group Fintech Challenge aims to find the best fintech innovations to help meet the needs of Africa’s financial ecosystem.
Applications for the Ecobank Fintech Challenge 2021 are open till September 20, 2021.
Who is eligible
Applications are open to;
All Fintechs across Africa with an African-Focused product.
Prizes
The top three selected winners will take home a cash prize of $15,000, $12,000 and $10,000.
All Ecobank Fintech Fellows will stand a chance of exploring;
- Multinational Product Roll Out
- Service Provider Partnerships
- Access To Ecobank’s Pan-African Banking Sandbox
- Access To Partner Network
- Integration With Existing Ecobank Digital Offerings
How to apply
You can apply to the fintech challenge by filling this application form.
African multinational Banks have played a big role in funding small and medium enterprises in Africa.
In 2017, The challenge attracted over 20 innovative startups from across Africa with Kudi.AI emerging as one of the top 3 innovators.
The global impact of Covid-19 has accelerated the dire necessity to digitize and transform banking operations. -says Ade Adeyemi, Ecobank Group CEO
As a banking group, we are convinced now more than ever that innovation and technology are the future of banking and, therefore, reaffirm our continuous commitment to identify and support Africa’s brightest developers to promote their solutions and help improve our services through the Ecobank Fintech Challenge Ade Adeyemi
More information on the competition, benefits and other concerns is available here.