Apply: Ecobank Fintech Challenge 2022($50,000)/Partner Ecobank! Reach Africa

Partner Ecobank! Reach Africa!

Apply: Ecobank Fintech Challenge 2022($50,000)/Partner Ecobank! Reach Africa

CONCERNING THE PROGRAM


Through the Ecobank Fintech Challenge, Fintechs who are prepared to scale are found, partnered with, and given access to possibilities throughout Ecobank’s 33 African markets. The aim? to support their development as possible Pan African Fintech success stories.

All African Fintech companies are eligible to participate in the challenge. Fintechs who are interested in applying can do so by sending a demo and information about their product here. One or more of the exact set of pain sites listed below must be addressed by one or more of these goods.

The Ecobank Fintech Challenge Grand Finale is attended by the chosen finalists. A $50,000 cash prize will be given to the grand prize winner in 2022. The Ecobank Fintech Fellowship, which provides all candidates with them the opportunity to explore deals, integration and commercial partnership with the Ecobank Group.

What’s in it for you

Benefits and Opportunities: Become a finalist; get inducted as an Ecobank Fintech Fellow and stand a chance to explore the following opportunities:

  • Multinational Product Roll Out.
  • Competition Cash Prizes.
  • Service Provider Partnerships.
  • Access To Ecobank’s Pan-African Banking Sandbox.
  • Access To Partner Network.
  • Integration With Existing Ecobank Digital Offerings.

What we’re looking for

Customer Experience
We are looking for futuristic and innovative Fintech products in the following areas:

  • Improvement of customer experience both online and at the branch
  • Management of complaints on the Digital channels.
  • Digital solutions using analytics/customer insights and AI to offer tailored adverts
  • Acceleration of resolution process
  • Digitization of customer journey
  • Proactive support to customer
  • Personalized Customer Interaction (Self-service)
  • Defined reporting outcomes to measure value.

Financial Inclusion
We welcome cutting-edge solutions capable of improving the lending process to SMEs:

  • Digital customer on boarding (Consumers, SME/Merchant, Investment Banking)
  • Increasing our payment wallet size across our network

Credit Scoring
We welcome cutting-edge solutions capable of improving the lending process to SMEs:

  • 360° view on customers and prospects’ financial activities with other FIs
  • Digitization of the lending journey for SMEs

Ecosystem Aggregation
We are interested in dynamic innovations in the following areas:

  • SME/Merchants onboarding and payment integration
  • Niche merchant aggregation through tailored solutions per sector
  • Facilitate mobile collections with merchants that enable synchronization and consolidation with our Xpress point system

Internal Tools
We are looking for:

  • Digital solutions which improve sales force performance

Payments
We’d be happy to learn how you can help us solve problems around:

  • Offline mobile to mobile payments (Dead Zones)
  • Increasing our payment wallet size within the African context

Any Other Relevant Product Categories
Any other solution that will revolutionize banking and payments in Africa.

Overview

Closes September 16, 2022

OrganizerEcobank
WebsiteVisit website
TargetsAfrica
SectorsFinancial services, Fintech
Timeline
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