January 27, 2023

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Zenith Financial institution splashes N53m on finalists at Tech Honest


A complete sum of N53 million in prize cash was gained on the second version of the Zenith Tech Honest. 

The prize cash was shared amongst eleven finalists who emerged from the over 500 contestants that took half within the hackathon, with Ecotutu, a cleantech firm making cooling inexpensive and accessible for companies, particularly within the agricultural sector, rising as the general winner taking dwelling the grand prize of N20 million. That is along with a mentorship programme with Seedstars, an organization devoted to implementing high-quality capacity-building programmes for entrepreneurs in rising markets.

The primary runner-up, Foris Labs, an app-based platform that enables college students to conduct science experiments individually and in teams interactively by way of their cell phones, gained N15 million and a mentorship programme with Seedstars, whereas the second runner-up, Finva, a start-up which helps collectors provide credit at low threat, gained N10 million in addition to a mentorship programme with Seedstars. 

Different finalists who took dwelling N1million every embody Sanwo, Itinu -Ev, Eduvacity, Inexperienced Bii, Zion Robotics, Sono Care, Base, and I develop Africa.

Presenting the prize monies to the winners, the Group Managing Director/CEO of Zenith Financial institution Plc, Mr. Ebenezer Onyeagwu,  reiterated the financial institution’s readiness to help the budding entrepreneurs succeed. 

In accordance with him, “all finalists can be enlisted into our incubation lab for grooming and mentorship. Our expectation is that we’re going to scale and develop them similar to the zenith model. So, what we’ve gone via, I can inform you that a lot iron has been loaded on fireplace. The one factor left is to activate the digital abilities, tech abilities and entrepreneurship that will culminate in a brand new digital financial system for Nigeria”.

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Described as an enormous success by contributors, the two-day Tech Honest featured shows on the main technological improvements that lower throughout completely different features of life, resembling Synthetic Intelligence, Computing, Machine Studying, Blockchain, Robotics, Massive Information, FinTech, Augmented Actuality, Information Analytics, 5G and Communication Applied sciences.

The occasion additionally featured a goodwill message by Jim Ovia, Founder and Chairman of Zenith Financial institution. 

Additionally, there have been opening remarks by Ebenezer Onyeagwu, Group Managing Director of Zenith Financial institution Plc and Chairman of Physique of Banks’ CEOs, Nigeria.

Different eminent IT practitioners from prime international manufacturers who additionally made shows embody; Tarik Alatovic, Senior Associate, McKinsey; Juliet Ehimuan, West Africa Director, Google; Ola Williams, Nation Supervisor, Microsoft Inc.; Andrew Uaboi, Vice President/Head, Visa West Africa; Mrs Rakiya Mohammed, Director of Data Know-how, CBN; Chris Lu, Managing Director, Huawei Applied sciences Nigeria, and Dame (Dr.) Adaora Umeoji, Deputy Managing Director of Zenith Financial institution Plc, amongst others.

The honest featured three panel periods. The primary panel, which examined “The way forward for funds: what subsequent and the way can we get there”, had Prof. Yinka David West of Lagos Enterprise College because the host, with 4 discussants, together with Agada Apochi, Managing Director, UPSL; Olu Akanmu, Managing Director, Opay; Premier Oiwoh, Managing Director, NIBBS; and Kari Tukur, V/P & Head of Merchandise East/West Africa, MasterCard.

The second panel explored the theme “What are the principle challenges of digital transformation within the monetary business? How will we resolve them?”. It was hosted by Brett King and had 4 discussants, together with Tosin Eniolorunda, Managing Director, TeamApt; Obi Emetarom, Managing Director, Appzone; Dr. Babatunde Obrimah, COO, FintechNGR; and Olugbenga Agboola, Founder/CEO, Flutterwave.

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The third panel dialogue, titled “Driving the worldwide commerce revolution with expertise: present transformation tendencies”, was hosted by Samuel Eze, Founder/CEO, Ourpass, and had 5 discussants, together with Mike Ogbalu III, Managing Director, PAPSS; Akeem Lawal, Divisional CEO, Interswitch; Massimiliano Spalazzi, Nation Supervisor, Jumia; and Dr. Ozoemena Nnaji, Director of Commerce & Trade, CBN.