Kwidex, a start off-up based mostly in Accra emerged as the winner of the 1st Betway Fintech Obstacle. The closing spherical of the Betway Fintech Obstacle was held at the Accra Digital Centre with ten (10) finalists competing across two (2) rounds.
For the duration of every round, groups pitched their proposals to a a few-particular person qualified panel. The a few-person group from Kwidex led by Seyram Kofi Mantey impressed the panel who awarded the organization the GHC 20,000 grand prize.
Nocofio and Pennysmart had been the initial and second runners-up and obtained income prizes of GHC 15,000 and GHC 10,000 respectively.
Kwidex is a group-funding platform. Item entrepreneurs get to source resources from the community to support the managing of their organizations. Persons who spend in these firms receive returns on their investment from them just after an agreed time period.
Nocofio is an software that makes it possible for you to devote into or have portion of a farm by connecting you to a farm. The platform connects farmers with finance. Investors experience possessing a farm by way of the internet system with updates of the full farming cycle from planting/rearing to off-loading with pics and video clips. The farmers are in a position to expand their farms with the money elevated though you make passive money from the curiosity paid out by the farmer when the complete farming cycle is more than.
Pennysmart offers a system that enables people and corporations to help save towards their targets at their individual rate and program. It is a money inclusion platform that helps individuals help save whenever and any where at no value.
Magnus Rex Danquah, Betway Ghana Country Supervisor(Functions) congratulated all the finalists and encouraged the teams to utilise the expertise they had been taught around the a few-month competitors.
“We want to congratulate all ten finalists who are listed here these days,” mentioned Danquah. “The Betway Fintech Obstacle was established up to produce an natural environment for entrepreneurs to establish alternatives that assist tackle worries in the shipping and delivery of financial expert services to a broader selection of Ghana’s population. More than the very last number of months, all participants have revealed a keenness to do so.”
The Betway Fintech Obstacle was held in excess of a few months through which members obtained schooling on pitching, branding, advertising and marketing, organizational structuring, and trader relations from seasoned professionals.