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Applications are now open for the 2024 Ecobank Fintech Challenge. Click here to learn more about this opportunity and apply for it.
Opportunity Details
The Ecobank Fintech Challenge is open to all startups with innovative solutions addressing the needs of the African population and its diaspora. It has been created with two objectives in mind:
The Ecobank Fintech Challenge is a Pan-African innovation competition powered by Ecobank Transnational Incorporated. It is designed to identify, support and partner impressive African Fintechs to grow and scale their Fintech innovations across the African continent and globally. The fundamental value offerings of the challenge are market access, visibility and cash prizes.
The Challenge is the ideal launchpad for African Fintech innovators and startups to scale up to the next grand level with full support from Ecobank. It brings together a diverse pool of Africa-focused innovations to solve Africa’s financial inclusion pain points.
Competition Cash prizes: The ultimate winner will be awarded a cash prize of $50,000.
Scale Across Borders: Opportunity to pursue integration with Ecobank and potentially launch your product in Ecobank’s 35 markets across Africa.
Ecobank Affiliates Partnerships: Finalists with impressive products may be selected as country-level partners to local Ecobank affiliates within Ecobank’s 35-country footprint.
Access to Ecobank’s Pan-African Banking Sandbox: Fellows will be given access to a dedicated team to support on Ecobank’s API tests to enable them to improve their products for the pan-African market and globally.
Mentoring and networking support: All Finalists will be inducted as Ecobank Fintech Fellows, granting them access and relationships to a vast network of global and African accelerators, potential Investors, mentors, and the Ecobank non-bank clients’ ecosystem for potential partnerships.
Integration With Existing Ecobank Digital Offerings: The Challenge offers opportunities for Fintechs to potentially integrate with Ecobank’s existing digital offerings.
Timeline
Apply for Ecobank Fintech Challenge 2024 for African Tech Innovators and Entrepreneurs