Ecobank Group announces the 2020 Fintech Challenge Finalists
Ecobank Group (https://Ecobank.com/) today
announced the finalists from the 2020 Ecobank Fintech Challenge. The
challenge, in its third edition, is designed to deepen collaboration
between Ecobank and Fintechs with Africa focused products.
The 10
finalists Fintechs from 7 different countries, who emerged from a
competitive pool of over 600 fintechs, will participate in an online
Finale scheduled for August 21, 2020.
The 2020 Finalists are:
Always
In-Touch Real-time ( South Africa), Fluid AI (India), Franc Group
(South Africa), Growth Factor (Ghana), Leaf Global Corporation (Rwanda),
Moja Ride (Ivory Coast), Nokwary Technologies Limited (Ghana),
Papersoft S.A (Mozambique), Ukheshe Payment Solutions (South Africa),
PayChap Technologies (Tanzania).
The Finalists will pitch their
products to a jury for the cash prizes for the top 3, worth US$10,000,
US$7,000, and US$5,000. All the finalists will be enrolled into
Ecobank’s Fintech Fellowship where they will spend the next 6 months
exploring partnership opportunities which includes :
- Multinational product roll out: An opportunity to pursue collaboration with Ecobank and possibly launch products in Ecobank’s 33 African markets.
- Service provider partnerships: A chance to become a pan-African service partner to Ecobank for Fintechs with the qualities to become product partners and offer joint services with Ecobank
- Mentoring and networking support: Access to networking and mentoring opportunities within the Ecobank Group and its vast network of global and African partners
- Integration with existing Ecobank digital offerings: An opportunity to potentially integrate with Ecobank’s existing digital offerings.
Eddy Ogbogu, Group Executive, Operations & Technology said, “we
congratulate the 10 Fintechs that have made it to the 2020 Finals. This
is an impressive cast of innovators and we look forward to the Final
event where we will honour them and potentially build productive
collaborations.”
The Ecobank Fintech Challenge is designed
in partnership with the advisory firm Konfidants and is supported by
partners across Africa and globally.
About the Ecobank Fintech Challenge:
The Ecobank Fintech Challenge (www.EcobankFintech.com) is an annual competitive programme for Fintechs to explore market integration opportunities with the Ecobank Group. Launched in 2017, it has run two editions and is now on its third edition.
More information can be found on the Program’s website at https://www.EcobankFintech.com/
