The 8 teams will battle it out to win $5000 and a trip to Kigali to participate at the grand finale where they stand the chance to win $25,000! Other prizes include Microsoft Azure credits that are worth an incredible $7000 and co working space at Nairobi Garage. Our newly opened Club space is already waiting to be called home to the runner up! We just cant wait to welcome our new members!
Over the last three months, the fintech teams have been developing solutions that tackle some of the most prominent financial inclusion that our population faces. Traditional Banking models, are well established but don’t have universal reach and our fintechs are here to see how they can offer services that suite the un-served or under-served! Go teams!
The participating teams will be: Asilimia, MFI analytics, MOSE, Pezesha, Data Integrated, Finplus, Apps Lab and Wazinsure. All eight teams have collected alternative data to drive their solutions and gain insights about low-income consumers and the products or services that would be beneficial to them. They will present their solutions as an elevator pitch and will be judged on criteria that scrutinise their ability to present solid Data Analytics, Innovation and Financial Inclusiveness.
The judges for the evening will be Billy Owino (CEO, Transunion), Winnie Odhiambo (Associate Partner Idev International), Leonida Mutuku (CEO Intelpro), Dr Bitange Ndemo (Former PS of ICT and Senior Lecturer at Nairobi University and Tim Mukata (Innovation Lead at FSD Kenya)
We wish the competing Fintechs the best of luck!!
Follow the conversation on Twitter # DataHack4FI
DataHack4FI is an innovation competition that brings together data enthusiasts and financial service providers (FSPs) to promote data-driven solutions to delivering financial services to emerging consumer segments in Africa. DataHack4FI is an insight2impact initiative, with the support of in-country partner Nairobi Garage and FSD Kenya.
Nairobi Garage is Africa’s largest co-working space for new and growing businesses and is a response to the need for non-traditional, lean and flexible office space solutions. We know how much businesses and individuals thrive in a community setting.
Our ecosystem offers its members an invaluable community and a pool of Nairobi’s most high-growth and high-impact ventures. Members get access to business opportunities, networking events, workshops, marketing support as well as access to affordable legal, accounting, and coaching business services that support their growth and ease of business.
The insight2impact resource centre aims to catalyse the provision and use of data by private-sector and public-sector actors to improve financial inclusion through evidence-based, data-driven policies and client-centric product design. It is funded by the Bill & Melinda Gates Foundation in partnership with The MasterCard Foundation.
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