A new type of partnership

Ecobank Fintech is all about building partnerships. Our goal is to build a bridge between Ecobank and the African fintech ecosystem; to open up Ecobank’s multi-country banking platform in ways that enable Fintechs to leverage the platform for their own growth. This is how we seek to champion a new type of partnership within the ecosystem, so that, Fintechs across the continent can provide their services to those who need it most, across the continent.

The main avenue for collaboration is the Ecobank Fintech Challenge through which Fintechs get selected into the Ecobank Fintech Fellowship. The Fellowship is designed to be an exclusive club that gives Fellows access to Ecobank decision makers for one year during which they can pursue business opportunities.

Outside the Fellowship, there are other avenues for business and product collaboration. Unlike the exclusive access the Fellowship offers, these are more specific, targeted and limited engagement opportunities. Learn more

The Ecobank Fintech Fellowship

The Ecobank Fintech Fellowship is the primary vehicle for nurturing partnerships between Fintechs and Ecobank. It is designed to facilitate partnerships and collaboration between Ecobank and Fintechs. across the continent.

The goal is to create an environment where Fintechs can pursue business opportunities within the Ecobank ecosystem through exclusive access to decision makers across Ecobank for the period of the Fellowship. After the Fellowship ends, Alumni still enjoy and continue to leverage this exclusive access to grow their companies.

How To Be A Fellow

To become a Fellow, Fintechs have to apply through the annual Ecobank Fintech Challenge. Learn more about the Challenge here

Once selected, the Fellowship kicks off with the Partnership Bootcamp which introduces Fellows to the Ecobank universe of opportunities, how to navigate it, and how to execute a partnership journey. This equips Fellows to take full advantage of the exclusive access that comes with their status as Ecobank Fintech Fellows.

Partnership Opportunities

Being Selected as Fellow does not guarantee any Fintech a business deal with Ecobank. What it provides is the access needed to pursue such deals and partnerships.

Fellows have the chance to explore and pursue the following opportunities:

  • Multinational Product roll-out
  • Service Provider Partnerships
  • Access to Ecobank’s Pan-African banking sandbox
  • Integration with existing Ecobank Digital offerings
  • Mentoring and Networking support

Case Story: Finance Mobile Ltd

The Ecobank Fintech Fellowship is the primary vehicle for nurturing partnerships between Fintechs and Ecobank. It is designed to facilitate partnerships and collaboration between Ecobank and Fintechs. across the continent.

Who

Finance Mobile Ltd, is a Fintech startup and a 2017 Ecobank Fintech Fellow. Finance Mobile now works with Ecobank in 12 countries across Africa.

What

Through the Fellowship, Finance Mobile partnered Ecobank to build the Ecobank Investor™ Application for Ecobank’s investment banking arm.

How

Ecobank Investor™ enables customers of Ecobank to use their smart phones to manage their investment portfolio. The solution provides investment advisory and analytics support to guide customers to make informed investment decisions and maximize value across a range of investment products and choices.

Where

The product is currently being deployed in 12 of Ecobank’s 33 country footprint, with plans to expand to 20 markets soon.

Impact

  • For Finance Mobile Ltd. the partnership has served as a powerful springboard for growth and cross-border expansion
  • Ecobank & its Customers: Ecobank Investor™ is helping improve customer experience for Ecobank’s customers. It has brought greater convenience, flexibility and accessibility to investment products for customers. The solution is projected to significantly increase number of Ecobank customers subscribing to various investment products and services.