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Timbuktoo Fintech Startup Accelerator Programme
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Launch date:
June 7, 2024, 13:00:00 UTC
Deadline date:
July 7, 2024, 23:59:59 UTC
About the Challenge
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.
Requirements :
- All Fintechs with relevant financial products for Africa are eligible to apply to the Ecobank Fintech Challenge.
Benefits
Become a finalist; get inducted as an Ecobank Fintech Fellow and stand a chance to explore the following opportunities:
- Competition Cash prize :The winner of the Challenge will be awarded a $50,000 no-strings-attached cash prize.
- Scale across borders : Opportunity to explore integration with Ecobank and potentially launch products in Ecobank’s over 30 markets across Africa.
- Ecobank Affiliate partnerships : Start-ups may be selected by Ecobank as local country-level partner in any of Ecobank’s 35 country ecosystem.
- Access to Ecobank’s Pan-African Banking Sandbox : Fellows will be given access to a dedicated team to support Ecobank’s API tests, to enable Ecobank improve their products for the pan-African market.
- Access to Partner Network : Founders will be inducted as Ecobank Fintech Fellows, granting them access and relationships to a vast network of Accelerators, potential Investors, as well as mentors.
- Integration with existing Ecobank digital offerings : The Challenge offers opportunities for Fintechs to potentially integrate with Ecobank’s existing digital offerings.
Timeline:
- June 2024Application launch
- Early July 2024Application Window Closes
- Early August 2024Finalists announcement
- Mid Sep 2024Innovation Fair & Grand finale
- Oct. – Dec. 2024Ecobank Fintech Fellowship
- Dec. 2024 – May 2025Commercial partnership
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Timbuktoo Fintech Startup Accelerator Programme
Ghana’s Fintech Start-up, Dash Raises $32.8 Million To Build Connected Wallets For Africans
Kenya-based Fintech, Kwara Raises $4 Million To Build Neobank For Credit Unions
Nigerian Mobility Fintech Start-up, Moove Raises $105 Million To Scale Its Vehicle Financing Product Across Europe, MENA and Asia