The Ecobank Fintech Challenge 2023 is now accepting applications. This Challenge is Ecobank’s pan-African innovation and business cooperation program.
It is intended to motivate, encourage, and collaborate with African Fintechs in order to broaden the reach of innovative Fintech and banking-related products.
The Ecobank Fintech Challenge selects and partners with Fintechs that are ready to scale, offering them assistance and access to possibilities in Ecobank’s 35 African markets.
The idea is to help them develop as future Pan African Fintech success stories.
Benefits of participation
- As a finalist, you will be initiated as an Ecobank Fintech Fellow and will have the opportunity to explore the following opportunities:
- A once-in-a-lifetime prospect to seek integration with Ecobank and possibly launch goods in over 30 African markets served by Ecobank.
- Ecobank may select startups as local nation-level partners in any of Ecobank’s 33 country ecosystems.
- Fellows will have access to a dedicated team to assist Ecobank with API testing, allowing Ecobank to strengthen its products for the pan-African market.
- Founders will be initiated as Ecobank Fintech Fellows, gaining access to and relationships with a large network of global and African Accelerators, possible investors, and mentors.
- Opportunity to potentially combine with Ecobank’s existing digital solutions. Ecobank Omni, Ecobank electronic financial supply chain (eFSC), Ecobank Xpress, Ecobank Mobile APP or USSD, MasterPassTM QR, MVISA TM & mCash, and other digital solutions are already available.
Also read, Nigerian Startup Touch and Pay wins $50,000 Ecobank Fintech Challenge 2022
Eligibility for participation
The fintech competition is open to all Fintechs with an Africa-focused or Africa-relevant product.
These products must address one or more of the following pain points:
- User experience
- Inclusion of funds
- Credit evaluation
- Aggregation of Ecosystems
- Internal resources
- Compensation
- Any other product categories that are relevant
How to apply
Click here to apply Ecobank Fintech Challenge 2023. The application deadline is Wednesday, July 21, 2023
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