Ecobank group invites all African Fintech entrepreneurs to apply for the Ecobank Fintech Challenge for the year 2021. The Pan African Bank is committed to championing digitization of innovative African start-ups by giving them the opportunity to promote their Fintech solutions. Ecobank has 33 African markets and these startups can scale their solutions to them and also its international operations in France.
How participants will benefit from the Ecobank Fintech Challenge.
Up to $37000 is up for grabs to be shares among the top three winners. The first prize is $15000, 2nd place gets 12000 and the third place gets $10000. Â On top of the monetary benefits, all selected Finalists will be inducted into the Ecobank Fintech Fellowship. All participants will qualify to work with the Ecobank in the following ways.
- Multinational product roll out: an opportunity to pursue integration with Ecobank and potentially launch products in parts of Ecobank’s Pan African 33-country ecosystem
- Service provider partnerships: Ecobank may select start-ups as 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
- Priority Access to Ecobank’s VC partners for funding exploration
How to apply for the Ecobank Fintech Challenge 2021.
Interested Fintechs should click on this link to start their applications. Application deadline is 20 September 2021 and the Finals and Awards ceremony for winners is set to November 2021.
Source: Techbuild Africa.
