The Ecobank Group has introduced finalists from the 2020 Ecobank Fintech Problem. The problem, in its third version, is designed to deepen collaboration between Ecobank and Fintechs with Africa targeted merchandise. The 10 finalists Fintechs from seven completely different nations, who emerged from a aggressive pool of over 600 fintechs, would take part in a web-based Finale scheduled for August 21, 2020.
The 2020 Finalists are: At all times In-Contact Actual-time ( South Africa), Fluid AI (India), Franc Group (South Africa), Progress Issue (Ghana), Leaf International Company (Rwanda), Moja Journey (Ivory Coast), Nokwary Applied sciences Restricted (Ghana), Papersoft S.A (Mozambique), Ukheshe Fee Options (South Africa), PayChap Applied sciences (Tanzania).
The bank defined that the finalists would pitch their merchandise to a jury for the cash prizes for the highest three, worth $10,000, $7,000, and $5,000.
All of the finalists can be enrolled into Ecobank’s Fintech Fellowship the place they’d spend the subsequent six months exploring partnership alternatives which incorporates a possibility to pursue collaboration with Ecobank and probably launch merchandise in Ecobank’s 33 African markets; an opportunity to change into a pan-African service accomplice to Ecobank for Fintechs with the qualities to change into product companions and provide joint companies with Ecobank; and king assist: Entry to networking and mentoring alternatives throughout the Ecobank Group and its huge community of world and African companions, in addition to integration with current Ecobank digital choices: A chance to doubtlessly combine with Ecobank’s current digital choices.
The Group Government, Operations & Know-how, Ecobank, Eddy Ogbogu stated: “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.”