Seven Nigerian startups have been selected to pitch at the Nigeria country final of Insight2impact’s DataHack for Financial Inclusion (DataHack4fi). The competition which is in its third season will be held at CcHub Nigeria tomorrow (9th July 2019).
Country finals will also be held in Ghana, Kenya, Rwanda, South Africa, Uganda, and Zambia respectively.
The winners of each country finals will converge in Kigali, Rwanda, for the grand finale of the DataHack4FI Innovation Competition. The event will be held between 22 and 23 August 2019.
Only 2 days to go to the #DataHack4FI country finals in #Nigeria with @Cc_HUB. We can’t wait to hear all the innovative solutions for #economic and #financialinclusion from our teams. Good luck to all the participants @cenfri_org @Finmarktrust @MastercardFdn pic.twitter.com/HaPHa4n1je
— i2ifacility (@i2ifacility) July 8, 2019
The winner of the national final will receive US$ 5,000 in seed capital and the winner alongside the runners-up would be sponsored to attend the grand finale in Rwanda where they stand the chance of winning US$25,000 in seed capital.
The DataHack4FI Innovation Competition promotes the use of data and data analytics to solve challenges experienced by individuals or communities. The competition encourages Pan-African collaboration by creating opportunities for data enthusiasts and emerging tech companies to partner in developing solutions that address local financial and economic inclusion-related challenges.
The Nigerian startups selected for the finals are:
ProximateAGRO
ProximateAGRO is a data-driven solution that assists financially excluded smallholder rural farmers in Nigeria to save from their proceeds, build their credit score and have access to the most proximate source of fund, insurance, and pension; using USSD, Mobile and web platform.
Credit Bank
Credit Bank is creating an alternative way of banking by bringing financial services to the doorstep of the unbanked and the underbanked neglecting the physical structures while presenting a simpler and secure process using technology.
Gr8fingaz
Gr8fingaz is a service-on-demand skilled marketplace that is bridging the market gap between the service provider and service seeker.
Prof International Network
Prof International Network is an inclusive financial solution that enables customers to use a third party ATM for fund deposit, and also allow for the interoperability of bank ATM in Nigeria.
Esusu Africa
Esusu Africa is a FinTech startup aimed at solving the problems of traditional and manual savings schemes across the African continent through digitization thereby enhancing the delivery of digital financial services to the last mile.
Databanter
Databanter is a FinTech social enterprise with the primary goal of innovatively crowdfunding to solve social challenges such as food insecurity and malnutrition among vulnerable and disadvantaged Nigerians and Africans at large.
Comestibles
Comestibles is a mobile and web platform enabling food vendors to gain access to financial credit and eliminate food waste by leveraging on Artificial Intelligence and Machine Learning driven sales forecasting.
