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Ecobank Group Announces 2020 Winners Of Fintech Challenge

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Nokwary, Ukheshe, and Growth Factor wowed the jury to claim the three prizes on offer on the day; all 10 finalists were officially inducted into the Ecobank Fintech Fellowship program to explore commercial partnerships with the pan-African banking giant.

Ecobank Group today announced the winners of its Ecobank Fintech Challenge after an exciting virtual event streamed live from Accra Ghana.

Nokwary Technologies, edged out the rest of the finalists to emerge winner of the competition. The first and second runner up spots were taken by Ukheshe Payment and Solutions Growth Factor Technologies respectively. The 1st to 3rd place winners will receive cash prizes worth US$10,0000, $7,000, and US$5,000 respectively.

Nokwary, from Ghana, is a fintech that uses AI to promote financial inclusion. Its AI-Powered banking solution offers an opportunity for users to carry out transactions in a language to which they are familiar with using popular social media channels like Whatsapp.

South Africa based Ukheshe, which came in second, provides a bridge between the card and the cash economy. It has created the world’s first card acceptance platform that allows unbanked merchants/traders to accept and make digital payments.

In third place, Growth Factor is a fintech company that provides trade financing solutions designed for Micro-Small/Medium Entities (MSMEs) in order to encourage financial inclusion and growth. Its Nvoicia solution solves cash flow issues caused by delayed payments for SMEs, by enabling them to get paid in 24hrs when dealing with credit clients.

Ade Ayeyemi, Ecobank Group CEO congratulated the winners for their innovation and welcomed all the 2020 fellows: “The quality of the products and pitches we saw in the final this year was amazing. Clearly it is evident that Banking in Africa is moving onto a new dimension with these Fintechs leading the way. That is why we are so proud to have had them in this year’s competition and are excited to engage further with them over the next year. It is our expectation that we will build a few lasting partnerships which will help improve the lives of Africans all over the continent.”

Dennis Asamoah Owusu, CEO, and Cofounder of Nokwary Technologies commented on his victory: “I was beyond excited. Our company is rather young and to be recognized like this on such a stage was really exciting as well as a validation for our focus on creating inclusive technology right from the start. It is also very encouraging to note that a major bank like Ecobank places such a premium on inclusion and is willing to back and promote innovative and cutting-edge technologies towards that purpose. We are looking to work together with Ecobank to bring an AI-first digital banking platform over WhatsApp, as well as other innovative solutions to Ecobank’s customers.”

This year’s Finalists made it through an extremely competitive pool of over 600 applicants across Africa, Europe, North America, and Asia. All ten (10) finalists have officially been inducted into the Ecobank Fintech Fellowship, a one-year program that will give them the opportunity to explore opportunities for commercial partnerships with the Ecobank Group, and to possibly launch and scale products across Ecobank’s 33 country markets in the continent.

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Thiago Alcantara Test Positive For Coronavirus

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New Liverpool midfielder Thiago Alcantara who recently joined the club has test positive for Coronavirus.

Goal confirmed the report on their Twitter page.

See below.

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Lesbian Lovers Dismembered Man To Use His Fingerprints To Steal $77,120, Then Kept His Head For Themselves

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Prosecutors in Portugal have alleged two lesbian lovers dismembered a man so they could use his fingerprints to access his mobile phone and steal $77,120 from his bank account.

The lovers, one a security worker known as Maria Malveiro, 19, and 23-year-old nurse Mariana Fonseca (both pictured below) are accused of throwing Diogo Goncalves’ torso into the sea but keeping hold of his head.

Lesbian lovers dismembered man to use his fingerprints to steal $77,120, then kept his head for themselvesLesbian lovers dismembered man to use his fingerprints to steal $77,120, then kept his head for themselves

According to prosecutors in Portugal preparing to put the pair on trial this October, Malveiro is said to have admitted to an Algarve judge who questioned her after the crime they were inspired by US police series Dexter.

Diogo (pictured below) was strangled to death on March 18 and the woman allegedly threw his torso into the sea from cliffs in the Algarve town of Sagres

Lesbian lovers dismembered man to use his fingerprints to steal $77,120, then kept his head for themselves

Four days later they used a print from a finger they had cut off his right hand to access his mobile and transfer the cash, then waited another 24 hours to dump the rest of his body.

The indictment says they spent the three days between March 20 and 23 sending messages from his Facebook account to fool colleagues and friends into believing he was still alive.

They will be tried for murder, desecrating a body, computer fraud, and using a stolen vehicle.

According to reports, Malveiro took advantage of the fact Diogo was attracted to her to give him an orange juice laced with sedative Diazepam after promising him a lap dance at his home.

They both then allegedly strangled him and dismembering him.

The women allegedly tried to make it look as if he had killed himself by leaving the car overlooking the sea in Cape St Vincent in Sagres but investigators found out their plan after they threw away the torso because it failed to land in the water and ended up on dry land, leaving vital clues.

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Western Togoland Insurgencies: Group Attacks STC and Burnt Bus In Ho

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Western Togoland insurgencies are escalating beyond the control of the security agencies apparatus with all their accouterments to stand against unlawful abiding citizens.

Reports coming through to us confirm that a group of secessionists has attacked the State Transport Corporation (STC) in Ho, the capital of the Volta Region, and caused damages.

According to the reports received, the rebels attacked on the STC bus and burnt it to the ground as they set it on fire.

It is also confirmed that the secessionists fired gunshots at the STC bus parking area.

The incident is reported to have occurred on Monday night.

Already, a total number of 31 of the group were arrested and processed to Accra Circuit Court on Monday 28 September 2020.

However, Honorable Okudzeto Ablakwa, Member of Parliament of North Tongu claims the Separatists are not secessionists as claimed by the police and the Chiefs in the area.

Another group of Ghanaians also suggests those already arrested must be used as exapmple to deter the others from causing mor mayhem.

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