The Popular Central Bank (BCP) group, a Moroccan banking institution, has unveiled an innovative programme for African startups called “Fintech Challenge”, to enable them to access new markets to develop their activities.
“Aware of the role that startups can play in transforming the banking sector, the BCP group announced the launch of the first edition of its innovative programme called Fintech Challenge”.
Selected start-ups will have the opportunity to sign a collaboration agreement with BCP. These young companies will, therefore, benefit from access to new markets, the expertise of a universal financial group, the significant potential of its ecosystem in Africa and a dedicated acceleration program. So many levers that constitute a real springboard for the development of their activities.
🔥The call for application #FintechChallenge is now open
👉Join now : https://t.co/eckdYQxNZs#startup #openinnovation pic.twitter.com/tQd8ISRsHr— Banque Populaire (@BP_Maroc) November 13, 2018
The aim is to offer these start-ups a mutually beneficial partnership based on the co-construction and deployment of innovative solutions, in response to business issues clearly identified throughout BCP and its subsidiaries. Atlantic bank.
The call for applications for the “Fintech Challenge” will also be followed by an inaugural event co-organized with Banque Atlantique on 23 November 2018 in Abidjan, on the theme: “Bank – Start-Up: What models of collaboration, for which impacts? “.
Important Dates
What do we want to achieve?
- Co-build, with innovative startups, solutions adapted to the challenges we face,
- Create an ecosystem of high potential, agile and disruptive partners,
- Accelerate our transformation by staying connected to our ecosystem and creating a constructive dynamic for our customers.
Why should you be part of the Fintech Challenge?
- Partner with a major African financial group and benefit from its expertise
- Access to new Markets and connect with the largest banking ecosystems in Africa
- Enhance your value proposition through an Acceleration program
- Get access to funding
- Scale your Startup and grow your business
What Are The Selected Challenges?
- Reinventing the bank/client interaction within and outside branches
- Turning the bank into a financial partner for clients
- Creating high-value non-banking services for our clients
- Facilitating access to banking services outside usual channels
- Facilitate the collection, formalization and structuring of our customer data
What are we looking for?
- A solution meeting one of the challenges above
- A prototype developed and tested
- A team available full-time for the Bootcamp and the Demo Day
- A strong commitment during the program and the implementation phase
