{"id":476604,"date":"2022-10-28T13:50:21","date_gmt":"2022-10-28T13:50:21","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=476604"},"modified":"2022-10-28T13:50:29","modified_gmt":"2022-10-28T13:50:29","slug":"ecobank-group-launches-2022-edition-of-its-fintech-challenge-with-us50000-prize-money-up-for-grabs","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2022\/10\/28\/ecobank-group-launches-2022-edition-of-its-fintech-challenge-with-us50000-prize-money-up-for-grabs\/","title":{"rendered":"Ecobank Group launches 2022 edition of its Fintech Challenge with US$50,000 prize money up for grabs"},"content":{"rendered":"
<\/div>\n

\u2022 Fintech Challenge offers early stage and mature start-ups the potential to partner with Ecobank across 33 African countries
\u2022 Applications open until 16 September

Lom\u00e9, Togo, 25 August 2022 \u2013 Pan-African banking group, Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs to enter the competition.

Fintechs that are aligned with the Bank\u2019s strategic objectives stand a chance to win an overall cash prize of US$50,000 for the top winner and the opportunity to partner and scale their solutions across Ecobank\u2019s 33 African markets.

Fintech companies and developers originating from any of Africa\u2019s 54 countries, as well as global Africa-centered Fintechs, are eligible to enter the Fintech Challenge by visiting: https:\/\/Ecobankfintechchallenge.com<\/a>. Applications can be made until the 16 September 2022.

Ten finalists will be inducted into the Ecobank Fintech Fellowship after the finals and awards ceremony which will take place in October 2022.

In addition, all Fellows will qualify to explore the following opportunities with the Bank and its partners:

\u25cf Multinational products roll out: an opportunity to pursue integration with Ecobank and potentially launch products in all or part of Ecobank\u2019s pan-African 33-country ecosystem.
\u25cf Service provider partnerships:  Ecobank may select some Fintechs as pan-African service partners within the Bank\u2019s ecosystem.
\u25cf Access to Ecobank\u2019s Pan-African Banking Sandbox: Fellows will be given access to Ecobank\u2019s APIs to test and improve their products for the pan-African market.
\u25cf Priority Access to Ecobank\u2019s Venture Capital partners for funding exploration.

Ade Ayeyemi, Chief Executive Officer, Ecobank Group, said \u201cEcobank believes that the only way to transform financial services in Africa is for Pan-African banks like Ecobank to continually support and collaborate with innovative Fintechs and start-ups. We invite and welcome Africa\u2019s best Fintechs to work with us through the 2022 Challenge.\u201d

Dr. Tomisin Fashina, Operations and Technology Executive, Ecobank Group said, \u201cThe uniqueness of the Challenge is that it welcomes both early stage and mature start-up Fintechs alike and seeks to align them with different kinds of partnership opportunities within Ecobank that match their differing levels of maturity.\u201d

The Ecobank Fintech Challenge was designed in partnership with international advisory firm, Konfidants and is supported by partners across Africa and globally. So far 46 Fellows have been admitted into the Ecobank Fintech Fellowship programme since it was launched in 2017.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

\u2022 Fintech Challenge offers early stage and mature start-ups the potential to partner with Ecobank across 33 African countries\u2022 Applications open until 16 September Lom\u00e9, Togo, 25 August 2022 \u2013 Pan-African banking group, Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs to enter the competition. Fintechs<\/p>\n","protected":false},"author":527180,"featured_media":470761,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158],"tags":[15092],"class_list":["post-476604","post","type-post","status-publish","format-aside","has-post-thumbnail","category-bank","tag-ecobank-group","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"\nEcobank Group launches 2022 edition of its Fintech Challenge with US$50,000 prize money up for grabs - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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