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Start Your Tech Career With The MOMO Hackathon 2022

News

July 15, 2022, 2:09 a.m.

MTN Group’s Mobile Money Application Interface (API) is looking for companies, entrepreneurs, and developers across the continent to participate in the MoMo API Hackathon.

Given this, MTN will invite developers and entrepreneurs from 10 countries to innovate and leverage mobile money to accelerate financial inclusion and digitize payments using the MTN Mobile Money API platform.

The developers will be based in Ghana, Uganda, Ivory Coast, Cameroon, Rwanda, eSwatini, Congo Brazzaville, Guinea Conakry, Zambia, and Benin.

The challenge will run from 18 July 2022 until 9 September 2022. Developers will have 4 weeks to submit their idea of an innovative financial and transactional app that must include the usage of MTN Mobile Money APIs.

The developers will also be required to create a mobile application that uses MTN MoMo APIs; the application needs to target consumers, merchants, or businesses.

The application must provide a practical and valuable solution that can be deployed in the market where the applicants have registered and can cover use cases beyond payment but must utilize MTN MoMo APIs.

MTN in each participating country will select the top 12 applicants to progress to the prototyping phase. The preselected applicants will be required to make a live demo of their application to the adjudicator.

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“We want to unlock economic growth through financial and digital solutions for consumers and businesses of all sizes. As we grow our service offering, we aim to create a marketplace that supports cashless and digital economies through affordable, inclusive, understandable, and comprehensive financial services. We play a key role in the evolution of mobile financial services (MFS) to mobile financial (fintech) platforms by offering in-store payments, remittances, prepaid services, mobile wallets, micro-loans, and micro-insurance.”

“The range of solutions to bridge the financial services gap in the markets in which MTN operates requires partnerships with financial service providers, regulatory authorities, other mobile network operators, merchants, distributors, businesses, technology providers, entrepreneurs, and developers. By working with its partners, MTN improves the economic and social well-being of millions of Africans.”

“In its commitment to closing the financial inclusion gap, MTN Group has made its Mobile Money platform available across its entire footprint through the MoMo API program.”

MTN MoMo is a fintech platform offering consumers and businesses various innovative digital financial services. Among other things, it allows users to access payment, e-commerce, insurance, lending, and remittance services, available in 17 markets across Africa.

Finalists stand a chance to win up to $5000 in prize money in their respective countries.

Interested developers can find out more here

tag: Africa, hackathon, MTN, Fintech,

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Verny Joy Author

Verny loves to write poetry, fiction and quotes. Her love for writing landed her in journalism. She loves gadgets and travelling to explore new places.

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