DataHack4FI Innovation Challenge 2019 for Data enthusiasts and emerging tech companies

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insight2impact’s DataHack for Financial Inclusion (DataHack4FI) is an African innovation competition that encourages finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities.

Season 3 targets a variety of emerging tech companies, provided their solution has a foundation in advancing financial and economic inclusion or enabling the delivery of financial services to unserved and underserved market segments.

Business requirements:

  • Must be a registered, post-revenue tech business
  • Must have a product currently in the market
  • Must exhibit a scalable business model and ambition for growth
  • Must have generated data that provides meaningful insight and that
    enables the development of new or improved products/services aimed at
    advancing financial and economic inclusion

DataHack4FI solution requirements:

  • Solution must address a local challenge relating to financial and economic inclusion
  • Solution must represent a newly developed product/service or an
    enhancement of existing offerings (NB: developed through innovative data
    use)
  • Proposed solution must be viable and must demonstrate potential for release to market

Emerging tech companies who apply for Season 3 will undergo a
rigorous selection process prior to the start of the competition. The
selection of suitable businesses will be initially based on a brief but
targeted application, with an emphasis on financial and economic
inclusion-related business challenges. The final pool of qualifying
emerging tech companies will be identified after a two-month development
programme.

Development programme:

Business and topical experts to provide mentorship to
selected emerging tech companies to develop: a business model, a
DataHack4FI business challenge and readiness to adopt a data-driven
approach to product design and business decision-making

For More Information:

Visit the Official Webpage of the DataHack4FI Innovation Challenge 2019

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