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Fintech Egypt launches COVID-19 Innovation Sprint

19

Feb 2021

00:00 To 00:00
Event Organizer
fintech Egypt
Event Type
Competitions

City

Event Details

Today, FinTech, as an industry, is not only solving unprecedented problems but also planning for an inevitable digital future and it is the responsibility of all FinTech Ecosystem stakeholders to unify efforts and become fast and proactive to make this happen.

 The COVID-19 pandemic will likely have lasting effects that will impact the Egyptian economy for years to come. We see startups playing a part in creating the short term – and long term – solutions for this new reality. 

Under the host of the Central Bank of Egypt and in collaboration with the Financial Regulatory Authority (FRA), we have partnered with FSD Africa on a COVID-19 Innovation Sprint that aims to unearth, develop, and refine FinTech solutions that directly address the pandemic in Egypt. 

 the startups that are selected to participate in this sprint will work closely with the Egyptian banks and financial institutions. Egyptian financial institutions and banks are increasingly adopting FinTech concepts and collaborating with established FinTech startups to leverage their offerings and overcome unprecedented challenges that appeared during COVID-19 and its aftermath to help consumers adapt to the new norm.

If your tested solutions can solve the financial sector’s COVID-related challenges, apply and help make a difference before 19 February 2021:
https://airtable.com/shrjgY02tLTukCAR7

Objectives

COVID-19 Innovation Sprint aims to unearth, develop, and refine FinTech solutions that directly address the pandemic in Egypt.

This series of design sprints will bring together multiple Egyptian banks and financial institutions that are seeking solutions to COVID-19 with international and local innovators who are rapidly creating the products and services that will help Egypt’s financial sector adapt to a post-COVID-19 landscape. Selected applicants will have opportunities to collaborate with participating banks and financial institutions to deliver the product to market. You can find more information about this initiative at dfslab.net/covid-sprint

 

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