The Ecobank Group , headquarted in Lome, Togo, employs over 14,800 people and serves more than 23 million customers in the consumer, commercial and corporate banking sectors across 33 African countries. Launched in 2017, the Ecobank Fintech Challenge is an annual competitive programme for Fintechs to explore market integration opportunities with the Ecobank Group. The Ecobank Fintech Challenge is designed in partnership with the advisory firm Konfidants and is supported by partners across Africa and globally.
The 10 finalists Fintechs from 7 different countries, who emerged from a competitive pool of over 600 fintechs, will participate in an online finale scheduled for August 21, 2020. The 2020 Finalists are: SOUTH AFRICA (three companies): Always In-Touch Real-time , Franc Group and Ukheshe Payment Solutions
INDIA (one company): Fluid AI
GHANA (two companies): Growth Factor and Nokwary Technologies Limited
RWANDA (one company): Leaf Global Corporation
IVORY COAST (one company): Moja Ride
MOZAMBIQUE (one company): Papersoft S.A
TANZANIA (one company): PayChap
The 10 finalists Fintechs from 7 different countries, who emerged from a competitive pool of over 600 fintechs, will participate in an online finale scheduled for August 21, 2020 IMAGE SOURCE ECOBANK The finalists will pitch their products to a jury for the cash prizes for the top 3, worth $10,000 USD,
$7,000 USD, and $5,000 USD. All the finalists will be enrolled into Ecobank’s Fintech Fellowship where they
will spend the next 6 months exploring partnership opportunities which includes: Multinational product roll out: An opportunity to pursue collaboration with Ecobank and possibly
launch products in Ecobank’s 33 African markets.
Service provider partnerships: A chance to become a pan-African service partner to Ecobank for Fintechs with the qualities to become product partners and offer joint services with Ecobank Mentoring and networking support: Access to networking and mentoring opportunities within the Ecobank Group and its vast network of global and African partners Integration with existing Ecobank digital offerings: An opportunity to potentially integrate with Ecobank’s existing digital offerings. Eddy Ogbogu , Group Executive, Operations & Technology said, “We congratulate the 10 fintechs that have made it to the 2020 Finals. This is an impressive cast of innovators and we look forward to the Final event where we will honour them and potentially build productive collaborations.”Ecobank Group has a banking license in France and representative offices in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; […]