Close Menu
  • Home
  • Celebrity Gossip
  • Entertainment News
  • Featured
  • Photo News
  • Advertise with Us
  • About Us
  • Privacy Policy
Facebook X (Twitter) Instagram YouTube WhatsApp
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
BigEye.UG
Subscribe
  • HOME
  • CELEBRITY GOSSIP
  • ENTERTAINMENT
  • PHOTO NEWS
  • VIDEO NEWS
  • MONEY
    • Money
    • Features
BigEye.UG
Home»BigEye Money»Ecobank Group launches 2024 edition of its Fintech Challenge
BigEye Money

Ecobank Group launches 2024 edition of its Fintech Challenge

BigEyeUg1By BigEyeUg1June 16, 2024
Share
Facebook Twitter Telegram WhatsApp

Ecobank Fintech ChallengeBy Our Reporter

Ecobank , the pan-African financial services Group, has officially opened call for applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner with Ecobank, offering a grand prize of US$50,000 and a chance to scale their solutions across Ecobank’s extensive network spanning 35 African countries.

Despite the fintech eruption in the African continent, a McKinsey report reveals that fintech start-ups in Africa are still facing several challenges such as reaching scale, navigating an uncertain regulatory environment, or managing scarcity of funding. The Ecobank Fintech Challenge provides a unique opportunity for Fintech Entrepreneurs to address these challenges by not only offering financial rewards but by also providing Ecobank’s expertise in diversified markets operations and the right solutions to scale across its pan-African footprint and international presence such as France.

“Building partnerships with fintechs is a catalyst for driving financial inclusion in Africa. At Ecobank, we prioritize fintechs in our Growth, Transformation, and Returns strategy “, said Jeremy Awori, Chief Executive Officer of Ecobank Group. “We have enhanced this new edition of the Ecobank Fintech Challenge to continue to provide fintech entrepreneurs with a premier platform to showcase groundbreaking solutions, while creating unparalleled opportunities for growth and expansion across 35 markets in Africa.”

Last year’s competition attracted 1,490 entries of real quality, which underscores the significance of this pan-African challenge. Successful applicants reaching the Grand Finale and Awards Ceremony in October 2024 will have the chance to join the highly coveted Ecobank Fintech Fellowship programme, with the overall winner receiving a cash prize of US$50,000.

Ecobank Fintech Fellows will gain access to numerous opportunities through collaboration with Ecobank and its partners, potentially including multinational product rollout, service provider partnerships, access to Ecobank’s Pan-African Banking Sandbox and priority access to Ecobank’s Venture Capital partners for funding exploration.

Since inception, 60 fintech startups have been inducted into the Ecobank Fintech Fellowship. The Ecobank Fintech Challenge is designed in partnership with international advisory firm, Konfidants, and is supported by various partners.

Applications for the 7th Ecobank Fintech Challenge are now open to fintechs and developers from across Africa, as well as global Africa-centered fintechs. Interested parties can find out more about the competition and submit their applications through the official website.

The deadline for entries is 7 July 2024.

Related

Ecobank Fintech Challenge Ecobank news
Share. Facebook Twitter WhatsApp Email
Previous ArticleLegends of Sound / Blu 3 Reunion Concert to Rock Kampala on June 22nd at Sheraton Hotel
Next Article Atyang Laura and Maestro Studios Unveil Electrifying Visuals for “Afro Feeling”

Related Articles

Equity Bank Uganda Promises Support to Small and Medium Enterprises in Arua

Equity Bank recognizes loyal and influential customers in Mbale

Uganda Baati launches a “Crown Your Home” campaign

Empowering Mbale’s Entrepreneurs: TUPANGE Business Ne Equity Bank Ignites Growth at First Regional Forum

2025 Tupange Business ne Equity Nation Wide Forums Launched With A Pledge For Stronger SME Support 

128 Scholars Under The Equity Leaders Program Join Top Global Universities

Latest News

Equity Bank Uganda Promises Support to Small and Medium Enterprises in Arua

August 23, 2025

Ugandan Music of Early 2000s : 2000-2010

August 23, 2025

The Kingsmen Challenge (60+ Hour Mweso Marathon)

August 23, 2025

Sheebah Fills Serena Hotel as T Paul 256 Shuts Down Cricket Oval

August 23, 2025

Entertainment Critic Frank Ntambi Remanded to Luzira Prison Over Cyber Harassment Case

August 23, 2025
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • TikTok
  • WhatsApp
BigEye.UG
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
  • Sitemap
  • Privacy Policy
  • Contact Us
© 2025 BigEye.UG | All Rights Reserved

Type above and press Enter to search. Press Esc to cancel.