Cameroonian startup Koree wins $50k top prize at Ecobank Fintech Challenge
Cameroonian fintech startup Koree has won US$50,000 in cash after winning top prize at the annual Ecobank Fintech Challenge.
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Cameroonian fintech startup Koree has won US$50,000 in cash after winning top prize at the annual Ecobank Fintech Challenge.
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Pan-African Banking Group, Ecobank Group, has announced Koree, a fintech company based in Cameroon, as the overall winner of the 2023 Ecobank Fintech Challenge.
Koree from Cameroon is the competition’s first ever female-led fintech winner having beaten eight other finalists to claim the top prize of US$50,000; Wolf Technology from Democratic Republic of Congo came in second, winning US$10,000, while Kenya’s Flexpay Technologies were the second runner-up, taking home US$5,000; the 2023 edition drew participation from over 1,400 fintechs
Koree beat eight finalists and 1,490 pitches to win $50,000 in non-dilutive funding at the Ecobank Fintech Challenge.