The Ecobank Fintech Challenge is open to all startups with innovative solutions addressing the needs of the African population and its diaspora. It has been created with two objectives in mind:

Identify and support Fintechs that are ready to scale up with resources, funding, partnerships, etc. in Ecobank’s 33 African markets.

Leverage these pan-African Fintech success stories and the solutions they offer to improve Africa’s financial integration and economic development.

ELIGIBILITY:

The Challenge is the ideal launchpad for African Fintech innovators and startups to scale up to the next grand level with full support from Ecobank. It brings together a diverse pool of Africa-focused innovations to solve Africa’s financial inclusion pain points.

All Fintech with relevant financial products for Africa are eligible to apply.

You can enter more than one Fintech product in the competition. However, each product applied must be distinct. You should not submit two products in one application form. Each product must enter as a separate application.

You can participate in the challenge if your Fintech is not based in Africa. However, you must have an African-focus financial product.

BENEFIT:

Commercial partnership and integration opportunities to access and launch products across Ecobank’s 33 African markets

Business acceleration and capacity building support along with the opportunity to be a country-level partner in Ecobank’s ecosystem

Support of a dedicated team to carry out Ecobank’s API tests and enable better integration of Fintech products in the pan-African market

Easy access and relationship building with global and African accelerators, potential investors and mentors because of Ecobank Fintech Fellowship

$50,000 no-strings attached cash prize support to the winning company along with more cash prizes to the top three winners

Launchpad to leverage our existing products such as Omni, Electronic Financial Supply Chain (eFSC), Xpress, Mobile App, MasterPass™ QR, mVISA™ & mCash, etc.