Fintech Problem affords early stage and mature start-ups the potential to companion with Ecobank (www.Ecobank.com) throughout 33 African international locations; Purposes open till 16 September.
Pan-African banking group, Ecobank Group, has launched the fifth version of the Ecobank Fintech Problem and encourages African Fintech entrepreneurs to enter the competitors.
Fintechs which are aligned with the Financial institution’s strategic goals stand an opportunity to win an general money prize of US$50,000 for the highest winner and the chance to companion and scale their options throughout Ecobank’s 33 African markets.
Fintech corporations and builders originating from any of Africa’s 54 international locations, in addition to world Africa-centered Fintechs, are eligible to enter the Fintech Problem by visiting: https://bit.ly/3KnrDz2. Purposes might be made till the 16 September 2022.
Ten finalists shall be inducted into the Ecobank Fintech Fellowship after the finals and awards ceremony which is able to happen in October 2022.
As well as, all Fellows will qualify to discover the next alternatives with the Financial institution and its companions:
• Multinational merchandise roll out: a chance to pursue integration with Ecobank and probably launch merchandise in all or a part of Ecobank’s pan-African 33-country ecosystem.
• Service supplier partnerships: Ecobank could choose some Fintechs as pan-African service companions throughout the Financial institution’s ecosystem.
• Entry to Ecobank’s Pan-African Banking Sandbox: Fellows shall be given entry to Ecobank’s APIs to check and enhance their merchandise for the pan-African market.
• Precedence Entry to Ecobank’s Enterprise Capital companions for funding exploration.
Ade Ayeyemi, Chief Govt Officer, Ecobank Group, mentioned “Ecobank believes that the one strategy to remodel monetary providers in Africa is for Pan-African banks like Ecobank to repeatedly assist and collaborate with revolutionary Fintechs and start-ups. We invite and welcome Africa’s greatest Fintechs to work with us by way of the 2022 Problem.”
Dr. Tomisin Fashina, Operations and Expertise Govt, Ecobank Group mentioned, “The distinctiveness of the Problem is that it welcomes each early stage and mature start-up Fintechs alike and seeks to align them with completely different sorts of partnership alternatives inside Ecobank that match their differing ranges of maturity.”
The Ecobank Fintech Problem was designed in partnership with worldwide advisory agency, Konfidants and is supported by companions throughout Africa and globally. To this point 46 Fellows have been admitted into the Ecobank Fintech Fellowship programme because it was launched in 2017.