Saturday, November 16, 2024
30.3 C
Lagos

Ecobank Group Unveils Top Finalists for 2024 Ecobank Fintech Challenge

Ecobank, the pan-African Bank, has announced the top finalists for the first-ever and inaugural 2024 Ecobank Fintech Challenge Hybrid Semi-Final event held at the Ecobank Pan African Centre in Lagos, Nigeria.

The finalists were selected from a cohort of 40 highly competitive Fintechs that made it to the semi-final stage of the competition.

This year’s challenge attracted over 1,550 applications from 70 countries in Africa and other global regions.
The finalists will showcase their innovative solutions at the Ecobank Fintech Challenge Grand Finale scheduled for 27 September 2024 at the Ecobank Pan African Centre in Lomé, Togo.

The event will be streamed live on Ecobank Group’s social media channels, allowing a global audience to participate. Finalists of the challenge will compete for the US$50,000 ultimate prize during this highly anticipated event.
Speaking at the Semi-Final, Jeremy Awori, Chief Executive Officer of Ecobank Group, remarked:

The finalists in this year’s Ecobank Fintech Challenge have showcased exceptional talent and innovation; and we look forward to welcoming them to the Finale. At Ecobank, we’re committed to collaborating with these business builders to develop products and services that will benefit our customers and contribute to our continent’s progress.”
Showcasing the future of African fintech, here are the exceptional finalists of the 2024 Ecobank Fintech Challenge:

·
BuuPass, Kenya

·         Daba Finance,Ivory Coast

·         EasyEquities, South Africa

·         Exuus, Rwanda

·         Melanin Kapital Neobank, Kenya

·         MiaPay, Togo

·         PaySika, Cameroon

·         PROBOUTIK, Senegal

·         Sawport Video Banking as a Virtual Branch, Nigeria

·         Sproutly, Nigeria

·         Vaultpay, Democratic Republic of the Congo

·         YMO Africa, Guinea

The Ecobank Fintech Challenge, a flagship initiative of the Ecobank Group, organised for seven consecutive years, continues to serve as a premier continental platform for promoting innovation and collaboration between Fintechs and the pan-African Bank’s cross-border markets spanning 35 countries.

The challenge remains a significant event, attracting key players within the fintech ecosystem and beyond. It provides a unique opportunity for fintech entrepreneurs to address challenges such as reaching scale, navigating an uncertain regulatory environment, and managing scarcity of funding. In addition to financial rewards, the challenge offers Ecobank’s expertise in diversified market operations and the right solutions to scale across its pan-African footprint and international presence.
Since inception, 60 fintech startups have been inducted into the Ecobank Fintech Fellowship.
The Ecobank Fintech Challenge is designed in partnership with international advisory firm Konfidants and is supported by various partners including Huawei, Proparco, TechCabal, BlueSpace, Afrilabs, Africa Fintech Network, MEST Africa, Naija Startups, Expand In Africa and Founders Africa.
This year’s Grand Finale will bring together fintechs, regulators, investors, financial institutions, global technology companies, tech hubs, entrepreneurs, and industry experts.

About Ecobank Group
Ecobank Group is the leading private pan-African banking group with unrivalled African expertise.

Present in 35 sub-Saharan African countries, as well as France, the UK, UAE and China, its unique pan-African platform provides a single gateway for payments, cash management, trade and investment.

The Group employs over 14,000 people and offers Consumer, Commercial, Corporate and Investment Banking products, services and solutions across multiple channels, including digital, to over 32 million customers.

spot_img
spot_img
spot_img

Hot this week

NGX Group Chairman, Umaru Kwairanga, Visits Dubai Financial Market for Industry Partnership

Dr. Umaru Kwairanga (2nd Left) with other industry players...

RMB Nigeria Concludes ₦40bn Multi-Instrument Issuance Programme with SEC

RMB Nigeria Issuance SPV Plc, a funding vehicle incorporated...

NNPC, Dangote Refinery Ink 10-Year Gas Deal to Boost Local Production, Industrial Growth

L-R: Managing Director, Nigeria Gas Marketing Limited (NGML), Barrister...

NNPC Announces 1.8mbpd Production, Eyes 2mbpd by Year End

Minister of State for Petroleum Resources (Oil), Senator Heineken...

Sterling Leads Charge in Revolutionising Africa’s Agric Value Chain

L-R: Managing Director Sterling Bank, Mr. Abubakar Suleiman; Keynote...

Topics

Equities Market Extends Losses to 5th Consecutive Trading Sessions

In yesterday’s trading session, the local bourse shed 1.0%...

Insurance Group Seeks Market Growth via Media Support

The Chairman of the Governing Council, Insurance Industry Consultative...

U.S. Banks Plan $16.6bn Digital Transformation in 2015

Retail banks (including thrifts and credit unions) in the U.S. will spend nearly $16.6 billion on hardware, software, services, and internal IT staff in order to develop and implement digital transformation initiatives in 2015. And this spending on digital transformation will grow at an average CAGR of 10.4% into 2019, according to recent IDC Financial Insights spending models. This compares to an overall IT spend growth of 3.9% for U.S. banks. A new report from IDC Financial Insights, “The Cost of Digital Transformation in US Banking: The Critical Technology Investments in 2015 and Beyond,” outlines how much money is being invested by U.S. banks in digital transformation, where those investments are going, and where IDC Financial Insights believes the growth will be the strongest in digital transformation investment.

‘Nigeria’s Company Income Tax Amongst Highest in the World’–Oyedele

Nigeria has one of the highest company income tax...

NSE Downgrades E-Tranzact from Medium to Low Stock

The Nigerian Stock Exchange (The NSE ), hereby announces...

Danbatta Receives APPON Award, Assures of Broadband Support for e-Procurement

L-R: Prof Umar Garba Danbatta, Executive Vice Chairman/Chief Executive Officer,...

Malta to Chair 2016 Commonwealth ICT Ministers Forum

Engr. Shola Taylor, Secretary-General of the Commonwealth Telecommunications Organisation...

AMCON CEO at Inter-Agency Committee Meeting on Debt Recovery

The Chairman of Independent Corrupt Practices and Other Related Offences...
spot_img

Related Articles

Popular Categories

spot_imgspot_img