{"id":4286,"date":"2022-08-26T13:43:52","date_gmt":"2022-08-26T13:43:52","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=4286"},"modified":"2022-08-26T13:43:55","modified_gmt":"2022-08-26T13:43:55","slug":"ecobank-set-to-offer-50000-to-africans","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/ecobank-set-to-offer-50000-to-africans\/","title":{"rendered":"Ecobank Set to Offer $50,000 to Africans"},"content":{"rendered":"\n<p>The Ecobank Fintech Challenge identifies and partners Fintechs that are ready to scale and provides them with support and access to opportunities in Ecobank\u2019s 33 African markets. The goal? To contribute to their growth as potential Pan African Fintech success stories.<\/p>\n\n\n\n<p>The Challenge is open to all Fintechs on the African continent. Interested Fintechs can apply by sending details of their product as well as a demo&nbsp;<a href=\"https:\/\/www.ecobankfintechchallenge.com\/#uploadbutton_mult\">here<\/a>. These products must address one or more of a specific set of pain points which can be&nbsp;<a href=\"https:\/\/www.ecobankfintechchallenge.com\/#whatwelook\">found here.<\/a><\/p>\n\n\n\n<p>The selected finalists participate in the Ecobank Fintech Challenge Grand Finale. The ultimate winner for 2022 will be awarded a cash prize of $50,000. All finalists are inducted into the Ecobank Fintech Fellowship, which affords them the opportunity to explore deals, integration and commercial partnership with the Ecobank Group.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Benefits and Opportunities<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.ecobankfintechchallenge.com\/#collapse01-1\">Multinational Product Roll Out<\/a><\/p>\n\n\n\n<p>Once in a lifetime opportunity to pursue integration with Ecobank and potentially launch products in Ecobank\u2019s over 30 markets across Africa.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.ecobankfintechchallenge.com\/#collapse01-2\">Competition Cash Prizes<\/a><\/p>\n\n\n\n<p>The ultimate winner will be awarded a cash prize of $50,000Start-ups may be selected by Ecobank as local country-level partner in any of Ecobank\u2019s 33 country ecosystem.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.ecobankfintechchallenge.com\/#collapse01-4\">Access To Ecobank\u2019s Pan-African Banking Sandbox<\/a><\/p>\n\n\n\n<p>Fellows will be given access to a dedicated team to support on the Ecobank\u2019s APIs test to enable them improve their products for the pan-African market.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.ecobankfintechchallenge.com\/#collapse01-5\">Access To Partner Network<\/a><\/p>\n\n\n\n<p>Founders will be inducted as Ecobank Fintech Fellows, granting them access and relationships to a vast network of global and African Accelerators and potential Investors as well as mentors.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.ecobankfintechchallenge.com\/#collapse01-6\">Integration With Existing Ecobank Digital Offerings<\/a><\/p>\n\n\n\n<p>The Challenge offers opportunities for Fintechs to potentially integrate with Ecobank\u2019s existing digital offerings. The existing digital offerings include Ecobank Omni, Ecobank electronic financial supply chain(eFSC), Ecobank Xpress, Ecobank Mobile APP or USSD, MasterPass\u2122 QR, mVISA\u2122 &amp; mCash, etc. You can learn more about these platforms\u00a0<a href=\"https:\/\/ecobank.com\/commercial-banking\/local-corporate\/digital-solutions\">HERE.<\/a>\u00a0We\u2019d like applicants to pitch us how their solutions can add value to these existing Ecobank digital offerings.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Applicant&#8217;s Journey<\/h3>\n\n\n\n<p><strong>Step 1<\/strong><\/p>\n\n\n\n<p>Late August &#8211; Mid-September 2022: Apply<\/p>\n\n\n\n<p><strong>Step 2<\/strong><\/p>\n\n\n\n<p>Late September 2022: Get<br>Shortlisted<\/p>\n\n\n\n<p><strong>Step 3<\/strong><\/p>\n\n\n\n<p>Mid-October 2022: Become a finalist<\/p>\n\n\n\n<p><strong>Step 4<\/strong><\/p>\n\n\n\n<p>Late October 2022: Pitch at Challenge event\/win cash<\/p>\n\n\n\n<p><strong>Step 5<\/strong><\/p>\n\n\n\n<p>Late October 2022: Get Inducted into Ecobank Fintech Fellowship<\/p>\n\n\n\n<p><strong>Step 6<\/strong><\/p>\n\n\n\n<p>November 2022 &#8211; April 2023: Explore Integration &amp; commercial partnership opportunities with Ecobank Group<\/p>\n\n\n\n<p>Source: Opportunity Desk<\/p>\n\n\n\n<p>#EduSAVINGS#EduLOANS#EduSURE#INTERNSHIP#SCHOLARSHIP#EduHEALTHMAINTAINANCE#ENTERPRENUERSHIP#PressPayNg#TERTIARY#EDUCATION#TUITION#FEES#UNIVERSITY#POLYTECHNIC#MONOTECHNIC#FELLOWSHIP#COLLEGEOFEDUCATION#HOLIDAYJOBS#SOFTSKILLSTRAINING<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ecobank Fintech Challenge identifies and partners Fintechs that are ready to scale and provides them with support and access<\/p>\n","protected":false},"author":1,"featured_media":4287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[1],"tags":[],"class_list":["post-4286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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