Zenith Bank has launched a pitch competition, for startups with tech-enabled, scalable solutions designed to innovate businesses from various industries.
The Zenith pitch is a collaboration between Zenith Bank and Seedstars to support Nigerian minimum viable product (MVP) startups. This is to help them advance to the net state of growth.
Read Also: Six Fintech As Ecobank’s Fintech Challenge Finalists
Zenith Bank Launches Pitch Competition: How Will They Be Selected?
The 10 most promising startups will be called upon to the pitch competition happening at Zenith Tech Fair on November 22-23.
The cash price for winners could be up to N15 million (US$34,000) in cash prizes.
What is Zenith Saying?
Elaborating on the pitch, Executive Director of Zenith Bank, Temitope Fasoranti said,
“As a leading financial institution in Africa with several firsts in the deployment of innovative products and solutions that ensure convenience, speed, and safety of transactions, we have always been at the vanguard of and remain committed to promoting technological innovations in the country.”
“In this vein, the Zenith Bank Tech Fair has been conceived – to discover, promote and empower the next big tech startups in Nigeria. It is our hope, therefore, that the fair will be a springboard for the competing startups and entrepreneurs, providing the needed support for them to become global technological brands in the near future.” He added.
Startups in fintech, wellness, ed-tech or agriculture, who believe they are qualified can apply here.
Other Banks Involved
Recall that six African Fintechs emerged as finalists in the Ecobank Fintech Challenge 2022. The six finalists were chosen after strong competition from over 700 fintech from 59 countries.
During the Grand Finale, the finalists competed for the top price of $50,000 (#22 million). They also got admission to the Ecobank Fintech Challenge Fellowship program.
The challenge aims to identify innovative fintechs that are ready to grow. This competition is in line with Ecobank’s Fintech strategy of building partnerships with African fintechs to help transform finance and digital banking.
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