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Showing posts with the label Fintech

Nigerian fintech startups offered chance to pitch for incubation

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Source:Tom Jackson,Disrupt Africa Nigerian fintech startups have the opportunity to pitch for NGN3 million (US$10,000) worth of incubation and prize money of NGN500,000 (US$1,600) at the Fintech Startup Challenge in June. The challenge will take place at the CardExpo event in Lagos on June 13-15, and is hosted in partnership with Nigeria Interbank Settlement System (NIBSS) , AfriLabs and Venture Garden Group . The aim is to identify, evaluate and support innovative ideas relevant to Enterprise, Governance and Social Development in Nigeria.. Selected fintech startups will get the chance to pitch to an audience of strategic players in the financial services industry at CardExpo. Winning startups will be offered three months of incubation and mentorship from Venture Garden Group, while three finalists will walk away with prize money. Startups will also be offered the opportunity to access and test their payments solutions on an NIBSS demo-pad interface. Applications a...

Lidya:first Nigerian Digital Bank is giving out loans...

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Lidya is a Nigerian Fintech Company that has revolutionized banking.It is the first Nigerian digital bank that has no branches.It gives out unsecured loans to entrepreneurs of about $500 and $15,000. The founders,Tunde Kehinde and Ercin Eksin both former Managers of Jumia and currently owners of African Courier Express. It gives out loans on a '"credit score basis". When a customer applies for loan,it is evaluated,if he/she qualifies,a loan is granted within three days.Since it's inception last year, it has registered over 20,000 businesses. https://www.lidya.co/

Mastercard Start Path Global 2017- for African Startups

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BY  GABRIELLA MULLIGAN   For the first time African startups are invited to apply to Mastercard’s Start Path Global programme, seeking later-stage startups innovating in the banking and payments space. The six-month digital Start Path programme aims to support innovative startups developing the next generation of commerce solutions, and to help these businesses grow faster than they could alone. Start Path targets later-stage startups – who have raised either a significant seed round, or Series A funding. For the first time, Mastercard has opened applications to startups from anywhere in the world, in a bid to expand the organisation’s activity to new geographies and industries. “Fintech startups around the world are designing a digital future,” said Amy Neale, vice president at Mastercard Start Path. “They’re bringing a different approach to enhance customer choice and experience across the industry. Our work with these startups helps connect new t...

1st Fintech Seminar

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Description We invite you to register and participate in the Ist National FinTech Conference holding on Monday April 24, 2017 at Lagos Oriental Hotels, 3, Lekki - Epe Express Way, Victoria Island, Lagos from 8a.m to 5p.m. This conference is organized by Fintech Associates Limited Nigeria and Digital Finance Institute Canada, in collaboration with Chartered Institute of Bankers of Nigeria Centre for Financial Studies. It provides a formidable platform for knowledge enhancement, discussion on on-going initiatives at local and global levels, networking and business development opportunities. A team of world leading subject matter experts will be discussing developments on subjects such as Blockchain, RegTech, FinTechin Financial Inclusion, Machine Learning/Artificial Intelligence, Insurtech, Funding for FinTechs amongst others. Your attendance and participation will be extremely beneficial with significant value add. Spend your day with FinTech stakeholders from across...

Ennovators Breakfast Series [EBS 1701]

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  Description Fintech – the term coined for financial services technology is an extremely fast-growing industry worldwide. Nigeria is not an exception. In fact, the total global investment in Fintech between 2010 and 2016 reached as high as $80bn. Its evolution can in large part be attributed to ‘disruptors’ – startups shaping the financial services landscape for good. Some argue that the secret to maintaining the industry is nurturing the startups through which new technology is birthed, but with Fintech gradually seeping into the growth strategies of traditional banks, how should bank relate with FinTechs? This edition, EBS 1701, will examine how banks should relate with FinTechs. eNNOVATORS BREAKFAST SERIES (EBS) is a quarterly cerebral breakfast event. It is designed for the Dreamers, Drivers and Doers (3D) of technology business in ICT industry across Africa.  https://www.eventbrite.com/e/ennovators-breakfast-series-ebs-1701...