Kampala, Uganda | THE INDEPENDENT | Pan-African Banking Group, Ecobank Group, has announced Koree, a fintech company based in Cameroon, as the overall winner of the 2023 Ecobank Fintech Challenge.
The announcement was made by a distinguished panel of judges during the competition’s Grand Finale at the bank’s headquarters at the Pan African Centre in Lomé, Togo.
Koree emerged the winner after facing fierce competition from seven other fintechs, all of whom pitched their innovative fintech solutions to an independent panel of five judges.
These eight finalists were carefully selected from an initial pool of over 1,400 fintechs from 64 countries, underscoring the significant growth in popularity of the competition since its inception six years ago, as well as the wealth of innovation and ingenuity, particularly on the African continent. Koree will receive a cash prize of US$50,000 while Wolf Technologies (first runner-up) will take home US$10,000, while Flexpay Technologies, second runner-up, will receive US$5,000.