This previous Saturday, Might sixth 2023, main fee processing providers BudPay hosted the Nairobi developer neighborhood.
The occasion themed “FINTECHATHON” was designed to draw builders looking forward to probabilities to exhibit their coding prowess, uncover new applied sciences, and join with different builders.
BudPay’s CEO, Wale Hassan, in his opening remarks, highlighted that the purpose was to encourage innovation and creativity by giving builders and fintech fanatics entry to the corporate’s expertise infrastructure which is able to permit contributors to construct purposes that may work together with BudPay’s services and products.
The next themes have been centered on the Fintechathon: Funds, i.e. Prompt Funds, Cash Transfers, Public Funds, E-commerce, Insurtech and Fin-edutech.
The contributors delivered charming pitches, demonstrating their ingenuity and the potential of their applied sciences to disrupt numerous industries. The innovativeness and creativity of the method by way of resolving a sensible difficulty have been assessed by the judges.
The profitable pitch was chosen by the group of judges, which included IT fanatics, trade specialists, and seasoned professionals. On the finish of the Fintechaton, Simba Pay, developed by Mr Gaseema Ndung’u, took house the $1,000 USD money prize because the “FINTECHATHON” winner, whereas LifeLine, led by Mr David Abolaji Ger and Specific Buyers led by Mr Brian Keya completed second and third, profitable $700 USD and $500 USD respectively.
BudPay’s COO, Bassey Etimbuk expressed his pleasure on the concepts put forth by the various groups and their dedication to its success in the course of the prize presentation. He additionally talked about all winners have entry to BudPay’s sources to help of their enterprise progress.
This occasion most undoubtedly contributes to the event of East Africa’s Startup Ecosystem. Kudos to the administration and congratulations on a profitable occasion.