Ecobank Group has announced the finalists of its 2020 Ecobank Fintech Challenge. The challenge, in its third edition, is designed to deepen collaboration between Ecobank and Fintechs with Africa focused products.
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:
- Always In-Touch Real-time ( South Africa)
- Fluid AI (India)
- Franc Group (South Africa)
- Growth Factor (Ghana)
- Leaf Global Corporation (Rwanda)
- Moja Ride (Ivory Coast)
- Nokwary Technologies Limited (Ghana)
- Papersoft S.A (Mozambique)
- Ukheshe Payment Solutions (South Africa)
- PayChap Technologies (Tanzania)
The 2020 Ecobank Fintech Challenge finalists will pitch their products to a jury for the cash prizes for the top 3, worth US$10,000, US$7,000, and US$5,000. All the finalists will also be enrolled into Ecobank’s Fintech Fellowship where they will spend the next 6 months exploring partnership opportunities which include Multinational product roll-out, Service provider partnerships, Mentoring and networking support and Integration with existing Ecobank digital offerings.
“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.” Eddy Ogbogu, Group Executive, Operations & Technology said.
The Ecobank Fintech Challenge is designed in partnership with the advisory firm Konfidants and is supported by partners across Africa and globally.