Business Ecobank's Fintech Challenge Will Reward African Startups With $500,000

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LequteMan

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The need for financial backbone for African startups has led Ecobank to launch the Fintech Challenge which is set to challenges developers, programmers and FinTech innovators all over Africa.

These startups are expected to join forces in combating the continent’s most pressing banking issues, and proffer lasting solutions that would transform Africa’s finance through technology and innovation.

Apart from the prize-money of $500,000, the challenge also affords applicants benefits such as partnership with the bank, full Pan-African visibility, multi-national exposure and the list goes on.

All African startups and technology innovators are eligible to apply for the challenge. Interested participants are to choose from different areas of interest as listed on the website and build a demo to serve as prototype — applicants without demo would be disqualified.

Twenty teams will be selected to pitch at the bank’s Innovation Fair, which will be held at the global headquarters of Ecobank in Lomé in May, 2017.

Interested participants can apply here. Applications close on April 14, 2017.
 

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