Ivorian Investment Fintech Daba Wins 2024 Ecobank Fintech Challenge
TLDR
- Daba wins Ecobank Fintech Challenge 2024, secures $50,000 prize and fellowship program spot.
- Daba's unified investment platform caters to retail and institutional investors, capital seekers, and tech companies in Africa.
- Partnership prospects with Ecobank for product integration and access to extensive network across 35 sub-Saharan African countries.
Daba, an Ivory Coast-based multi-asset investment infrastructure provider, won the Ecobank Fintech Challenge 2024 final held on September 27 in Lomé, Togo. It gets the top prize of $50,000 and a place in the Ecobank Fintech Fellowship program.
The startup's unified investment platform offers products for retail and institutional investors, capital seekers, and tech companies, reinforcing its role in bridging the capital-to-opportunity gap in Africa’s markets.
Daba will now explore partnership opportunities with Ecobank, including potential product integration and access to the bank’s extensive network across 35 sub-Saharan African countries.
Key Takeaways
The Ecobank Fintech Challenge has become a key platform for fintech innovation in Africa, with this year’s competition featuring over 5,500 contestants from 64 countries. The 7th edition of the challenge attracted fintech startups from across the continent, all aiming for a partnership with Ecobank. Daba’s innovative platform, which democratizes investing in Africa and emerging markets, stood out among the competitors.
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