Ecobank Fintech Challenge 2023.

Deadline: 21st of July, 2023

SteamoJune 16, 2023

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The Ecobank Fintech Challenge identifies and partners Fintechs that are ready to scale and provides them with support and access to opportunities in Ecobank’s 35 African markets. The goal? To contribute to their growth as potential Pan African Fintech success stories.

The Challenge is open to all Fintechs on the African continent. Interested Fintechs can apply by sending details of their product as well as a demo.

All finalists are inducted into the Ecobank Fintech Fellowship, which affords them the opportunity to explore deals, integration and commercial partnership with the Ecobank Group.

Prize:

The selected finalists participate in the Ecobank Fintech Challenge Grand Finale. The ultimate winner for 2023 will be awarded a cash prize of $50,000.

Benefits:

Become a finalist; get inducted as an Ecobank Fintech Fellow and stand a chance to explore the following opportunities:

Multinational product roll out

Once in a lifetime opportunity to pursue integration with Ecobank and potentially launch products in Ecobank’s over 30 markets across Africa.

Competition Cash prizes

The top three winners at the Challenge will be awarded $15,000, $12,000 and $10,000 cash prizes respectively.

Service provider partnerships

Start-ups may be selected by Ecobank as local country-level partner in any of Ecobank’s 33 country ecosystem.

Access to Ecobank’s Pan-African Banking Sandbox

Fellows will be given access to a dedicated team to support Ecobank’s API tests, to enable Ecobank improve their products for the pan-African market.

Access to Partner Network

Founders will be inducted as Ecobank Fintech Fellows, granting them access and relationships to a vast network of global and African Accelerators, potential Investors, as well as mentors.

Integration with existing Ecobank digital offerings

The Challenge offers opportunities for Fintechs to potentially integrate with Ecobank’s existing digital offerings. The existing digital offerings include Ecobank Omni, Ecobank electronic financial supply chain(eFSC), Ecobank Xpress, Ecobank Mobile APP or USSD, MasterPass™ QR, mVISA™ & mCash, etc.We’d like applicants to pitch us how their solutions can add value to these existing Ecobank digital offerings.