Ecobank is now inviting African fintech entrepreneurs to enter this year’s Fintech Challenge. The Challenge, now in its third edition, gives African start-ups the opportunity to promote their fintech solutions. Eventually, they have the potential to partner with Ecobank to roll-out their solutions across Ecobank’s 33 markets in Africa as well as France.
Interested Fintechs can apply by sending details of their product as well as a demo here. These products must address one or more of a specific set of pain points which can be found here. The selected finalists participate in the Ecobank Fintech Innovation Fair, with the top 3 finalists winning cash prizes.
All Finalists will be inducted as Ecobank Fintech Fellows, participate in a business boot camp followed by the Awards and Innovation Fair at the headquarters of the Ecobank Goup in Lomé, Togo in June 2020.
Fellows will qualify to explore the following opportunities including:
- Multinational product roll out: an opportunity to pursue integration with Ecobank and potentially launch products in Ecobank’s Pan African footprint
- Service provider partnerships. Ecobank may select start-ups as a pan-African service partner within the bank’s ecosystem.
- Access to Ecobank’s Pan-African Banking Sandbox: Fellows will be given access to Ecobank’s APIs to test and improve their products for the pan-African market.
- Mentoring and networking support in the network of global and African partners of the Group.
Applications for the Ecobank Fintech Challenge will close on 12th of April, 2020. To apply, go here.