Nigeria-based fintech company wins $50,000 in Ecobank Fintech Challenge

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Touch and Pay processes microtransactions across Africa, such as paying for bus journeys with over 2 million users who help 500,000 people make payments every day.

The announcement was made at the Grand Finale of the programme held at Ecobank’s headquarters in Lomé, presided by H.E. Cina Lawson, Minister of Digital Economy and Transformation, Republic of Togo.

The fintech company processes microtransactions across Africa, such as paying for bus journeys with over 2 million users who help 500,000 people make payments every day. The five other finalists for the 2022 edition are Cauri Money, Senegal; DizzitUp, Togo; MaishaPay, Democratic Republic of Congo; Moni Africa, Nigeria; and Paycode, South Africa.

Gavin Tipper, the CEO of Arise, a gold partner and co-sponsor of the challenge, said: “Arise extends its congratulations to the finalists and the winner for the creativity and innovation they displayed. The Ecobank Fintech Challenge has become an important platform for supporting fintech innovators and encouraging bold solutions to advancing financial inclusion in Africa.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines