This previous Saturday, Might sixth 2023, main fee processing companies BudPay hosted the Nairobi developer group.
The occasion themed “FINTECHATHON” was designed to draw builders anticipating probabilities to show their coding prowess, uncover new applied sciences, and join with different builders.
BudPay’s CEO, Wale Hassan, in his opening remarks, highlighted that the objective was to encourage innovation and creativity by giving builders and fintech fans entry to the corporate’s expertise infrastructure which can permit members to construct purposes that may work together with BudPay’s services.
The next themes had been targeted on the Fintechathon: Funds, i.e. Instantaneous Funds, Cash Transfers, Public Funds, E-commerce, Insurtech and Fin-edutech.
The members delivered fascinating pitches, demonstrating their ingenuity and the potential of their applied sciences to disrupt numerous industries. The innovativeness and creativity of the method when it comes to resolving a sensible subject had been assessed by the judges.
The successful pitch was chosen by the staff of judges, which included IT fans, trade consultants, and seasoned professionals. On the finish of the Fintechaton, Simba Pay, developed by Mr Gaseema Ndung’u, took residence the $1,000 USD money prize because the “FINTECHATHON” winner, whereas LifeLine, led by Mr David Abolaji Ger and Specific Customers led by Mr Brian Keya completed second and third, successful $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 through the prize presentation. He additionally talked about all winners have entry to BudPay’s assets 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.