New Investments
Ecobank Announces 12 Finalists for its Fintech Challenge
The competition, which seeks to foster innovation and partnership within the African financial landscape, attracted over 1,550 applications from 70 countries.
Forty startups initially made it to the semi-finals, with twelve ultimately selected to compete in the grand finale scheduled for September 27 in Lomé, Togo.
The event will be live-streamed on Ecobank’s social media platforms for a global audience.
Two Kenyan startups, BuuPass and Melanin Kapital Neobank, are among the finalists, alongside Nigeria’s Sawport Video Banking as a Virtual Branch and Sproutly.
The rest of the finalists are Daba Finance (Ivory Coast), EasyEquities (South Africa), Exuus (Rwanda), MiaPay (Togo), PaySika (Cameroon), PROBOUTIK (Senegal), Vaultpay (DRC) and YMO Africa (Guinea).
The Ecobank Fintech Challenge offers startups the opportunity to partner with the bank and scale their solutions across its network of 35 African countries.
The ultimate winner will receive the US$50,000 cash prize and the chance to collaborate with Ecobank.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Supamoto Receives $4.3 Million Investment from PIDG and EDFI for Clean Cooking Expansion in Zambia
The Private Infrastructure Development Group (PIDG) and EDFI Management Company, through the Electrification Financing Initiative (ElectriFI), have committed €4 million to support the expansion of Emerging Cooking Solutions (Supamoto) in Zambia.
South Africa’s TymeBank Secures $77.8 Million in Pre-Series C Funding From Norrsken22 and Blue Earth Capital
South African digital banking leader TymeBank has secured $77.8 million in a pre-Series C funding round.
Candi Solar Raises $24 Million to Expand Clean Energy Projects in India and South Africa
Candi Solar, a company that supplies clean energy to businesses in developing countries, has raised $24 million in new funding from its current backers.