Ecobank Group has opened application for innovative African fintech entrepreneurs to apply for its Ecobank Fintech Challenge.
Successful applicants on reaching the last stage, will also have the opportunity to join the Ecobank Fintech Fellowship programme.The highly anticipated grand finale and awards are scheduled for late September. For the second year, the overall winner will be awarded a grand prize of $50,000. Applications are open until July 21.
Chief Executive Officer, Ecobank Group, Jeremy Awori, said over the past six years, the Fintech Challenge has welcomed many fintechs, with six participants partnering Ecobank to launch innovative products that have been rolled out across the group’s markets.
He said the collaborations have played a significant role in transforming Africa’s digital landscape and driving financial inclusion.
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Tomisin Fashina, Operations and Technology Executive, Ecobank Group, said that the Ecobank Fintech Challenge has become Africa’s premier fintech competition, driving scalability for African fintechs.
He added that ‘through this challenge, we identify talents who can support Ecobank’s mission to remain bold and innovative, driving pan-African prosperity for the continent.
The Ecobank Fintech Challenge was designed in partnership with international advisory firm, Konfidants, and is supported by various partners.