WEMA Bank’s Hackaholics 3.0 To Commence Soon

WEMA Bank’s Hackaholics 3.0

OpenLife Nigeria reports that Nigeria’s first fully digital bank, ALAT is set to unveil the third edition of Hackaholics (3.0) themed Building the Future, a pitch event where innovators and tech enthusiasts are welcome to pitch groundbreaking solutions to some fundamental societal challenges.

The 2022 Hackaholics pitch event will be inviting applications from creative tertiary students and youth from every corner of the country who can exhibit/present exciting solutions that can help deal with problems associated with Financial Inclusion, MSMEs, Healthtech, and Lending.

According to a statement from the bank, the official call for entries will be announced by the bank on all its official social media accounts for candidates to apply and stand a chance to get funding for their solutions.

“We are excited to announce that Hackaholics 2022 will commence in few weeks. This year, we are looking for innovators and creative individuals with technological solutions that will meet immediate and future needs”, the statement said.

Hackaholics 2.0 with themed “Connecting Worlds” hosted in 2020, recorded over 500 applications with only twenty(20) participants shortlisted for a final pitch. Ten(10) startups eventually qualified for the bootcamp hosted in early 2021. The finalists were drawn across five industry pillars – Fintech, Edutech, Agritech, Gaming, and Health tech.

Four(4) winners emerged after a four-week Bootcamp that featured a best-in-class acceleration curriculum delivered by seasoned faculties and tech specialists from GreenHouse Capital, official partners for Hackaholics 2.0. The Bank presented the four(4) startups with N2,187,500.00 each as support funds in addition to other non-cash benefits to help scale their businesses at the end of the Bootcamp.

Wema Bank’s Hackaholics program remains an annual technological skill exhibition aimed at supporting tech startups with both financial and non-financial resources needed to scale and gain entrance into their respective markets.