The 2023 edition of the Ecobank Fintech Challenge has been officially announced by the Pan-African banking organisation Ecobank Group.
The competition, according to the organisation, aims to unite forward-thinking African fintech entrepreneurs so they can work together and scale their ideas throughout Ecobank’s wide network.
Fintechs with a strategic alignment with Ecobank’s goals have a one-of-a-kind opportunity to collaborate with the bank and broaden their reach throughout 35 African markets through the Fintech Challenge.
The coveted Ecobank Fintech Fellowship programme will also be open to participants who advance to the Grand Final.
The overall winner will be given a major cash reward of US$50,000 at the major Finale and Awards presentation, which is planned for late September.
The Ecobank Pan-African Banking Sandbox and possible product launches inside the Ecobank ecosystem will also be accessible to Ecobank Fintech Fellows.
The CEO of Ecobank Group, Jeremy Awori, emphasised the significance of prior partnerships in reshaping Africa’s digital environment and promoting financial inclusion.