Tag Archives: fintech

ECO BANK FINTECH CHALLENGE FOR STARTUPS

Application Deadline: 7 July, 2024

LOCATION: Nigeria

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.

APPLY

VISA ACCELERATOR PROGRAM FOR AFRICAN ENTREPRENEURS

Application Deadline: 18 February, 2024

LOCATION: Multiple Regions

Unlock your startup’s potential and fast-track your success in the dynamic world of fintech with the Visa Accelerator program. This groundbreaking initiative connects Africa’s brightest minds with experienced mentors, cutting-edge technology, and unparalleled investment opportunities. 

Are you ready to disrupt the industry, revolutionize finance, and make an impact in the ecosystem? Join us on this exciting 3-months journey to propel your startup towards unprecedented growth and recognition. It’s time to unleash your entrepreneurial spirit and forge a path to success in the vibrant fintech landscape. 

ELIGIBILITY:

All Seed to Series A startups that are post MVP and operating in Africa are encouraged to apply for the program.

Building a solution addressing one of our themes

Market tested solution that has gained traction

Existing operations in Africa or demonstrated commitment to expand in Africa

BENEFIT:

Gain a competitive edge with a tailored program covering product design, marketing, finance, sales and more. Receive experts’ guidance and strategic insights to accelerate your startup’s growth and unlock its full potential.

Gain access to 1:1 mentoring from experts and founders in the ecosystem from Africa and beyond. Learn from the experience of others to solve your challenges.

Benefit from exclusive Fintech and payment training modules designed by Visa. Enhance your understanding of the fintech landscape, payment ecosystem, and industry best practices. Startups will also get the chance to access Visa’s developer portal and experiment with Visa products and services.

Secure the funding you need to bring your innovative ideas to life. Showcase your startup during the Demo Day and you could be considered for an investment opportunity by Visa, Plug and Play, and our wider Venture Capital community

Forge powerful partnerships that can drive your startup forward. The program aims to open doors to valuable collaboration opportunities with industry leaders, innovative companies, and strategic partners.

Gain access to a wide selection of product perks and discounts from over 100 vendors for a combined offer value of over $200,000 such as AWS with product credits, mentorship and fintech-specific training modules.

APPLY