Applications open for 7th $50k Ecobank Fintech Challenge

The pan-African Ecobank Group has opened functions for the seventh version of its Fintech Problem, with US$50,000 in prize cash up for grabs.

Ecobank is a number one unbiased pan-African banking group that serves over 32 million clients within the shopper, industrial and company banking sectors throughout 35 African nations. 

Its annual Fintech Challenge gives early-stage and mature startups the potential to associate with Ecobank throughout these 33 nations, and is now in its fifth yr. Fintech startups which might be aligned with the financial institution’s strategic targets stand an opportunity to win an general money prize of US$50,000, and the chance to associate and scale their options with Ecobank.

Fintech corporations and builders originating from any of Africa’s 54 nations, in addition to world Africa-centered fintechs, are eligible to enter the Fintech Problem here till July 7.

Ten finalists will likely be inducted into the Ecobank Fintech Fellowship after the finals and awards ceremony, which is able to happen in October 2022. Cameroon’s Koree won last year’s competition.