Ecobank Fintech Challenge is a pan-African innovation competition and start-up partnership offering by Ecobank. It is designed to inspire, support and partner African start-ups and developers, with an aim to facilitate the development of innovative “FinTech” and banking related solutions.
Our goal is to showcase and collaborate with the most promising fintech start-ups from across the continent and support them through commercial partnerships to grow and scale into successful pan-African and global businesses.
Teams are to submit applications addressing one or more of the following challenges
- Digital Onboarding/ Account Opening/ Know- Your-Customer Technology
- Digital Sales/Marketing
- Offline Mobile-to-Mobile Payments
- Multi-Channel Payments/Collect Ecosystems
- SME Intra-African Trade Platform
- Any other Fintech solution
All African start-ups, and start-ups with solutions for Africa are eligible to apply to the fintech challenge.
With the entry of new financial services actors relying on alternative credit scoring, artificial intelligence, machine learning, and other cutting-edge technologies, how can Microfinance Institutions stay relevant and reap the benefits of technology in a digital age?
The opportunities with fintech approaches are bountiful – improve lending decisions, reduce operational risks, increase efficiency, reach new clients, enhance customer relations. Yet, going digital is extremely complex and the challenges can be dreadful.
Microfinance institutions know their customers, often among the lowest-income segments, very well and have forged relationships over years of dedicated hard work. Yet little of this precious data and information is digitized to embrace fintech opportunities.
Join us for a webinar sharing the experience of financial service providers in Bangladesh, Vietnam, Colombia and Mexico, partners of the OPTIX project, in weighing the cost and benefits of digital solutions and experimenting innovative approaches for their businesses and their clients.
Dr. Ashirul Amin, Data Analytics and Fintech expert at BFA interviewed by Maelis Carraro, Program Manager of OPTIX, will discuss the opportunities and obstacles for these financial institutions and how data-driven approaches can help them rethink their business models.
Digital platforms and communication tools have transformed the way we seek information and interact with others. Organizations are utilizing the power of digital products to deliver impactful messages and influence positive change in both online and offline communities.
However, alongside these opportunities, there remains a burning question: can digital interventions actually influence behavior change? Join us for this first webinar of our two-part series with creative non-profit Girl Effect and social science think tank New Knowledge to learn more about how to design digital interventions to deliver behavior change.