Ecobank calls on African Startups for it’s 2021 Fintech Challenge.
True to it’s yearly commitment to contribute to the growth of African startups and playing a huge role in their Fintech growth stories, Ecobank Group has just opened applications for its 4th edition of the Ecobank Fintech Challenge.
The Challenge identifies and partners Fintechs that are ready to scale and provides them with support and access to opportunities in Ecobank’s 33 African markets. The goal is to contribute to their growth as potential Pan African Fintech success stories.
According to the bank, this yearly movement is in line with its commitment to champion digitization by giving innovative African startups the opportunity to promote their fintech solutions. The startups can potentially partner with Ecobank to scale their solutions across Ecobank’s 33 African markets as well as its international operations in France.
BUTTRESSING THEIR DEDICATION TO THIS CAUSE
According to Ade Ayeyemi, Chief Executive Officer, Ecobank Group
The global impact of COVID-19 has accelerated the dire necessity to digitize and transform banking operations. 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.
HOW TO BE A PART OF THE CHALLENGE
The Challenge is open to all Fintechs on the African continent. Interested Fintechs can apply by sending details of their product as well as a demo here. These products must address one or more of a specific set of pain points which can be found here.
While the selected Finalists will be inducted into the Ecobank Fintech Fellowship following the Finals and Awards ceremony slated for November 2021, the top three winners will receive cash prizes worth $15,000, $12,000 and $10,000 respectively.
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