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Ecobank Group announces 2020 Winners of Fintech Challenge

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Nokwary, Ukheshe and Growth Factor wowed the jury to claim the three prizes on offer on the day; all 10 finalists were officially inducted into the Ecobank Fintech Fellowship programme to explore commercial partnerships with the pan-African banking giant.

Ecobank Group (www.Ecobank.com) today announced the winners of its Ecobank Fintech Challenge after an exciting virtual event streamed live from Accra Ghana.

Nokwary Technologies, edged out the rest of the finalists to emerge winner of the competition. The first and second runner up spots were taken by Ukheshe Payment and Solutions Growth Factor Technologies respectively. The 1st to 3rd place winners will receive cash prizes worth US$10,0000, $7,000 and US$5,000 respectively.

Nokwary, from Ghana, is a fintech that uses AI to promote financial inclusion. Its AI Powered banking solution offers an opportunity for users to carry out transactions in a language to which they are familiar to using popular social media channels like Whatsapp.

South Africa based Ukheshe, which came in second, provides a bridge between the card and the cash economy. It has created the world’s first card acceptance platform that allows unbanked merchants/traders to accept and make digital payments.

Read the full article here.

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