Funding

Grow Your Startup And Win $10,000 At Ecobank Fintech Challenge 2018; Apply Now

The Ecobank fintech challenge was created to showcase and collaborate with the most promising fintech start-ups from across the continent and support them through commercial partnerships to grow and scale into successful pan-African and global businesses.

In the 2017 edition of the Ecobank Fintech Challenge, 20 applicants made it to the final stage. And after exhibiting their solutions and pitching to a panel of judges and Ecobank executives at Lomé, Togo, 3 startups–Irofit Nigeria, Kudi, and Paylater–emerged winners of the challenge.

The challenge areas open for application include:

  • Digital Onboarding / Account Opening / KYC,
  • Remittances,
  • Digital Sales / Marketing,
  • Offline Mobile to Mobile Payments (Dead Zones)
  • Multi-Channel Corporate Payments / Collections Ecosystems.
  • SME Intra-Africa Trade Platform

Benefits

Below are the benefits and opportunities successful candidates will be exposed to:

  • Competition Cash prizes: the three top winners at the Innovation Fair will be awarded $10,000, $7000, and $5000 cash prizes respectively.
  • Multinational product roll out: once in a lifetime opportunity to launch products in Ecobank’s over 33 markets across Africa through strategic partnership.
  • Service provider partnerships: start-ups may be selected by Ecobank as a pan-African service partner within Ecobank’s giant 36 country ecosystem.
  • Mentoring and networking support: founders will be conferred as Ecobank Innovation Fellows for a period of one year, granting them access to networking and mentoring opportunities within the Ecobank Group and its vast network of global and African partners.
  • Become a Fellow: enjoy mentoring from leading industry experts
  • Become a Service Partner: gain access to Africa’s biggest banking ecosystem
  • Maximise your reach: give your start-up full Pan-African visibility
  • Go Multi-national: partner with Ecobank to roll-out in 33 countries
  • Showcase your idea: share your idea with a team of Ecobank decision makers

How to apply

You may visit the website to apply. Application closes on May 23, 2018 (11 PM,).

Grace Akinosun

Storyteller at heart. Chief Publisher at smepeaks. Got a story worth telling? Send pitch to editorial desk via info@smepeaks.com, with subject "Story worth telling (Custom message)"

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