Ecobank Group, the Pan-African banking group, invites innovative and ambitious African fintech entrepreneurs from across Africa to apply to participate in the 6th edition of its Ecobank Fintech Challenge.
Like previous editions, the Fintech Challenge offers exceptional prospects for Fintechs that align with Ecobank’s strategic objectives, enabling them to partner and scale their innovative solutions across the bank’s extensive network of 35 African markets and its international operations in France.
Successful applicants reaching the Grand Final will also be able to join the prestigious Ecobank Fintech Fellowship programme. The highly anticipated Grand Finale and Awards ceremony are scheduled for late September. For the second year in a row, the overall winner will be awarded a grand cash prize of US$50,000.
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Ecobank Fintech Fellows will also benefit from the following opportunities through their collaboration with Ecobank and its partners:
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Multinational product rollout: an opportunity to integrate their solutions with Ecobank, opening doors to potential product launches within Ecobank’s expansive 35-country Pan-African ecosystem
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Service provider partnerships: Selected fintech may be chosen as Pan-African service partners within the bank’s ecosystem
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Access to Ecobank’s Pan-African Banking Sandbox: Fellows will receive exclusive access to Ecobank’s cutting-edge APIs, enabling them to test and improve their products for the Pan-African market.
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Priority access to Ecobank’s Venture Capital partners for funding exploration
Applications are now officially open to fintech and developers from all African countries and global Africa-centered fintech. Interested parties can submit their applications through the official website: Ecobankfintechchallenge.com. Applications are open until 21st July 2023.
Jeremy Awori, Chief Executive Officer, Ecobank Group, reflecting on the impact of the Fintech Challenge, said ‘Over the past six years, the Fintech Challenge has welcomed a significant number of fintech, with six participants successfully partnering with Ecobank to launch innovative products that have been rolled out across our markets. Indeed, these collaborations have significantly transformed Africa’s digital landscape and driven financial inclusion.’
Tomisin Fashina, Operations and Technology Executive, Ecobank Group, added, ‘ the Ecobank Fintech Challenge has become Africa’s premier fintech competition, driving scalability for African fintech.’ He further observed,
‘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 the international advisory firm, Konfidants and is supported by various partners.
