24/03/2023
CKCRLE Fintech Hackathon 2023
The Christopher Kolade Centre for Research Leadership and Ethics(CKCRLE) Held a Fintech Hackathon Hybrid Program, at Lagos Business School, on the 14th of march 2023. Several Fintech firms such as OfficeAjo, Ansvel, SubPal, CreditHub, and ErrandPay participated in the bid that was focused on finding an innovative solution to current challenges in Digital public Financial Intermediation in Nigeria, each Fintech firm, had 20 minutes in total, 10 minutes for presentation of their pitch and 10 minutes for questions and answer. After the pitching two winners emerged, from the decision the panelists made based on the criteria that were used to judge the participants, which were the Theory of Change, Feasibility, Viability, Scalability/Interoperability, and expertise and track record about the proposed project.
The runner-up for the fintech Hackathon was Credithub the services they provide are a digital lending platform that helps startups and established small-to-mid-sized businesses secure credit as well as funding, and provides financial education, mentorship, and resources to help members manage their loans effectively. While the winner of the fintech Hackathon was Errandpay the services they provide, are an online platform that receives money, sends money, requests cash, and pay bills from any part of the world. The event was successful, and the CKCRLE looks forward to supporting the fintech teams that participated in the Fintech Hackathon as they continue to develop their solutions.