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Finalists Emerge for 2024 Ecobank Fintech Challenge: $50,000 Prize at Stake

Ecobank, the pan-African bank, has announced the top finalists for the inaugural 2024 Ecobank Fintech Challenge Hybrid Semi-Final event.

The semi-final event was held at the Ecobank Pan African Centre in Lagos, Nigeria, and saw 40 highly competitive Fintechs vying for a spot in the grand finale.

The finalists were selected from a pool of over 1,550 applications from 70 countries across Africa and globally.

The top finalists will showcase their innovative solutions at the Ecobank Fintech Challenge Grand Finale, scheduled for September 27, 2024, at the Ecobank Pan African Centre in Lomé, Togo.

The grand finale will be streamed live on Ecobank Group’s social media channels, allowing a global audience to participate. The finalists will compete for the ultimate prize of $50,000.

Jeremy Awori, Chief Executive Officer of Ecobank Group, commended the finalists for their exceptional talent and innovation.

He expressed Ecobank’s commitment to collaborating with these business builders to develop products and services that will benefit customers and contribute to the continent’s progress.

The exceptional finalists of the 2024 Ecobank Fintech Challenge include:

– BuuPass, Kenya
– Daba Finance, Ivory Coast
– EasyEquities, South Africa
– Exuus, Rwanda
– Melanin Kapital Neobank, Kenya
– MiaPay, Togo
– PaySika, Cameroon
– PROBOUTIK, Senegal
– Sawport Video Banking as a Virtual Branch, Nigeria
– Sproutly, Nigeria
– Vaultpay, Democratic Republic of the Congo
– YMO Africa, Guinea

The Ecobank Fintech Challenge, now in its seventh year, continues to serve as a premier continental platform for promoting innovation and collaboration between Fintechs and Ecobank’s cross-border markets spanning 35 countries.

The challenge provides a unique opportunity for fintech entrepreneurs to address challenges such as reaching scale, navigating an uncertain regulatory environment, and managing scarcity of funding.

In addition to financial rewards, the challenge offers Ecobank’s expertise in diversified market operations and the right solutions to scale across its pan-African footprint and international presence.

Since its inception, 60 fintech startups have been inducted into the Ecobank Fintech Fellowship.

The Ecobank Fintech Challenge is designed in partnership with international advisory firm Konfidants and is supported by various partners.

This year’s Grand Finale will bring together fintechs, regulators, investors, financial institutions, global technology companies, tech hubs, entrepreneurs, and industry experts.

Ecobank invites all key stakeholders within the Fintech ecosystem and members of the general public to register for the Grand Finale via the provided link. https://ecobankfintechchallenge.com/.

Streaming platforms:

YouTube: Ecobank Fintech Challenge & Ecobank Group
Facebook: https://bit.ly/efcfb

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