Wema Bank has unveiled the 2020 edition of the Wema Hackathon tagged ‘Hackaholics 2.0’, which will mark the second edition of the innovative programme of the institution.
The event will be hosting participants virtually in a two-day pitch competition from October 30 -31 to exhibit innovative solutions with excellent market potential, capable of solving essential, everyday business problems.
This year’s edition will seek to provide innovative solutions under five major verticals – Agritech, Healthtech, Edutech, Fintech, and Gaming and startups can win up to $40,000 in prizes.
The successful startups will proceed to a 4-week Accelerator Bootcamp Programme; a program focused on creating commercialization opportunities for participating startups, leveraging best-in-class curriculum and global footprint to nurture and strategically position startups to scale up as they launch into the market.
With the launch of ALAT, Nigeria’s first digital bank in 2017, the bank stated that it showed the world that it was possible to hack and redefine experiential banking. Since then, it had taken it a step further with the birth of Hackaholics – the Wema bank hackathon.
Hackaholics by WEMA is set up to promote the development of technological solutions for financial and institutional needs, and other everyday social issues.
It brings together developers, designers, and creative thinkers to develop products and discover new technologies. Example of such applications includes innovations in risk management, trading, investing, personal finance, big data, retail banking, regulatory compliance, mobile payments and enterprise social, environmental, and health issues.
Interested applicants can apply through the link and complete a three-step registration