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Ecobank Fintech Challenge 2018: Competition for Africa-focused technology start-ups

An Innovation Fair & Awards ceremony will honor the start-ups on August 30, 2018, at the global headquarters of Ecobank in Lomé, Togo.


APO Last Updated at 08 Aug 2018, 17:08 IST
Ecobank Fintech Challenge 2018: Competition for Africa-focused technology start-ups
  • The top three innovators will win cash prizes worth USD 10,000, USD 7,000, and USD 5,000 respectively. (Image Credit: Twitter)

Ecobank, the leading independent pan-African banking group, has announced the finalists for the 2nd edition of the annual Ecobank Fintech Challenge, a competition for Africa-focused technology start-ups. The list includes eleven fintech start-ups from across the continent and beyond.

An Innovation Fair & Awards ceremony will honor the start-ups on August 30, 2018, at the global headquarters of Ecobank in Lomé, Togo.

At the ceremony, the start-ups will exhibit and pitch their products to a jury for the Ecobank Africa Fintech Prize, which will be awarded the top innovator and two runners-up.

The top three innovators will win cash prizes worth USD 10,000, USD 7,000, and USD 5,000 respectively.

After the Awards ceremony, Ecobank will enroll all eleven finalists into the Ecobank Fintech Fellowship. The Fellowship will run for a period of six months during which Ecobank Fintech Fellows will benefit from an opportunity to further explore partnerships with the Ecobank Group that includes:

  • Multinational product roll-out support: for the start-ups deemed commercially viable to grow their businesses across any of Ecobank's 33 markets in Africa,
  • Service provider & ecosystem partner deals: for start-ups with deep capabilities to become product partners within Ecobank's ecosystem,
  • Technical & mentoring support: during the six months fellowship period, fellows will benefit from technical support from Ecobank's global network of technology leaders, fintech experts, investors and management coaches.

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