AITEC to Showcase Region’s Leading Fintech Innovations At 10th Anniversary Banking & Mobile Money Conference
To mark the 10th anniversary of its Banking & Mobile Money COMESA Conference, AITEC is selecting the region’s 20 most promising and innovative fintech start-ups to demo their products and services at the conference over 30-31 August.
Since 2010 the conference has provided a valuable promotional platform for the region’s fintech start-ups to attract investors, customers and partners. “We are proud of the role the conference has played over the years in connecting young innovators with partners, facilitating their entry into commercial relationships which in several cases have resulted in long-term growth,” said Sean Moroney, AITEC founder and chairman
Examples of a successful start-ups launching themselves at the conference include KopoKopo, PayPal and JamboPay. Liko Agosta, founder of Pesa Pal, praised the role played by the conference. “Before it became fashionable for conferences to showcase fintech start-ups, AITEC invited us to make an Innovator Showcase Presentation in the opening session in 2011 and gave us free exhibition space to network with participants. This lifted our profile in the market and we can trace our current success to that turning point when the market started taking us seriously. We look forward to seeing the new crop of innovators at the conference this year and exploring possible synergies with them.”
The Innovator Pavilion at this year’s conference will be co-ordinated by AITEC Associate Dr Bright Gameli Mawudor. Each participant will be given an opportunity to make a 3-5 minutes elevator pitch in the Fintech Innovation conference session, which VCs, angel investors and heads of innovation at financial institutions will be invited to attend. They will also have space to show case their start up applications to the public.
Applications to participate are invited from start-ups throughout the COMESA region. Participants can email details to firstname.lastname@example.org.
. Innovation Categories
Applications have been invited for the Innovation Challenge to be held at this year’s AITEC East Africa ICT Summit at Oshwal Centre over 20 – 21 November. AITEC has partnered with @iLabAfrica to host the Challenge at the Summit to provide a platform for innovators to showcase their products and compete for awards.
Developers and start-ups are invited to submit applications to make innovation presentations in the following sectors:
- Financial Services
- Government/Public Service
- Transport and Logistics
The top three innovations in each category, as judged by an independent panel of judges drawn from industry leaders, will be awarded a four-month incubation period at @iBizAfrica, the business incubation Centre at @iLabAfrica. Up to three team members for each winning innovation will be included in the project.
Dr Joseph Sevilla, the Director of @iLabAfrica, welcomed the opportunity to identify and develop new talent and product ideas, “We are delighted to be partnering with AITEC for the Innovation Challenge. There is a huge amount of talent with innovative ideas across East Africa and we want to first of all identify the most promising and then help them develop their ideas to a level where they can take them to market on a sound technological and business basis.”
Innovators wanting to enter the Challenge should submit their application at http://bit.ly/16PwBzs
The deadline for submission is 1st November 2013.