Nigeria’s IroFit along with VugaPay of Rwanda and Sokowatch of Kenya have been declared winners of the Innotribe Startup challenge. The challenge was held in Abidjan, Cote d’Ivoire.
The startups were rewarded each with $11,000 in price money as well as a chance to present their ideas at Sibos, SWIFT’s annual global financial services conference, which takes place in Toronto, Canada in October.
Commenting, the global head of securities markets, Fabian Vandenreyd, Innotribe and the SWIFT Institute at SWIFT said: “Our partnership with SWIFT’s African Regional Conference over the last three years has highlighted how much SWIFT’s community is keen to understand FinTech innovation, whether we refer to its latest developments, benefits or the opportunities it can unlock.
“It was a real pleasure for us to provide expert mentoring and in-depth industry feedback to the nine participating startups and we wish them all a lot of success in the future.”
