Wema Bank to boost Nigeria’s tech sector with own Hackathon – Hackaholics

Advances in banking and financial technology mean more efficient solutions in dealing with the demands of an evolving market. As a bank marked with an identity of innovation, Wema Bank is a proven incubator of inventions and creative ideas, traits that continue to remain the hallmark of its operations long after its establishment in 1945.

In proof of its promotion of innovation, Wema Bank launched Nigeria’s first fully digital bank, ALAT, in 2017. ALAT redefined experiential banking, winning several awards, enough to gain Wema Bank recognition as Nigeria’s most innovative bank.

In line with its continuous support for the application of technology to society’s problems, Wema Bank is set to launch its own hackathon – ‘Hackaholics.’

Hackathons are tech projects that bring together software developers and other digital creators to design solutions for everyday challenges. Every successful hackathon harvests new solutions that will drive business ideas and scale the heights of technology in today’s world.

With Hackaholics, the bank will pull together start-ups and young tech professionals to develop digital solutions that will alleviate financial, institutional and social challenges. Participants will be required to analyse the given problem areas, strategise, brainstorm and develop solutions that will be screened by a reliable team of judges.

For the bank, the goal is to avail innovators, creative thinkers and developers the opportunity to convert their visionary concepts into winning solutions, which will be nurtured into marketable products. Along with awarding the best solution with full technical support and funding up to $10,000, the hackathon will improve skills and re-echo the bank’s passion to build a community of innovators working constantly to bring safer, more convenient and profitable banking.

Are you a start-up or a tech team that has been working together for up to five years? Do you have innovative ideas for ground-breaking solutions? Are you a programmer, coding expert or creative thinker? Register to participate in the Wema Bank hackathon by visiting www.wemabank.com/hackaholics

You can also register to attend and witness magic come alive from March 29 – 31, 2019, or follow the conversation on social media using the hashtag #hackaholics.