Taking another move to empower and equip start-ups across Africa, Ecobank the Pan-African bank calls on Fintech entrepreneurs in Africa to enter the 3rd edition of the Ecobank Fintech Challenge. This challenge is an opportunity for African start-ups to promote their Fintech solutions and partner with the bank to collaborate and launch their solutions across the bank’s 33 markets in Africa as well as France.
This challenge by Ecobank in partnership with the advisory firm Konfidants is supported by several partners across Africa and also globally. Submissions from start-ups and developers in any of the 54 countries in African are welcome to enter for this Fintech challenge.
These finalists will go through rigorous training and business boot camps after being inducted as Ecobank Fintech Fellows. This will be closely followed by an Awards and Innovation Fair at their headquarters situated in Lome Togo come June 2020.
Eddy Ogbogu, Ecobank’s Group Executive, Operations and Technology noted that:
As a banking group we continue to be amazed at the many ways in which fintechs are transforming banking across Africa. We look forward to the new innovations and partnership opportunities that will come with the 2020 edition.
Here are some of the various opportunities participants will get to explore:
- Getting mentoring and networking support from global and African partners of the Group’s network.
- Service provider partnerships. Selection of some start-ups to serve as a Pan-African service partner within the bank’s ecosystem.
- Access to their Banking Sandbox: Participants/Fellows will be given access to Ecobank’s API to test and improve their products for the Pan African market.
- Multinational product roll-out: This will give an opportunity to pursue integration with Ecobank and potentially launch products in the bank’s African footprint.
Dijba Diallo, Senior Fintech Advisor Ecobank said:
The Ecobank Fintech challenge and fellowship have been improved upon to create even additional value for Ecobank and the Fintechs. We took feedback from the past editions and one of the major innovations this year is the opportunity for shortlisted Fintech’s to access our APIs through our Pan African Sandbox.
The application for this competition will close on 12th April 2020. For more information on the competition, benefits and how to apply, click this link!
To read more related news and stay updated with lots of Fintech offers, click this link!
