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17 teams shortlisted for #WomenInFintech hackthon 2021

Following a two-week long online registration process and continuous evaluation of all entries for the #WomenInFinTech #LevelOneProject Hackathon and Summit. 

Altogether, the HiPiPo Foundation the organizers of the summit received over 40 applications majorly from Uganda but also some from Tanzania, Kenya and Ghana.

The Women in FinTech hackathon will convene developers – 75 per cent of them being women – between 8th and 14th October to come up with financial inclusion solutions that address their community needs, aided by Level One Project principles and latest technologies like Mojaloop Open Source Software (OSS).

The shortlisted teams are women-led, with 2-4 members, and each team having at least 75 per cent female composition. The hackathon is organized in partnership with Crosslake Technologies, Modusbox, Mojaloop and Level One Project, will culminate into the Women in FinTech summit on Friday, October 15th, 2021 where the three top teams will be announced and share $5,000 in prizes.

“I am happy to note that the registration process went on smoothly with over 40 teams applying. We went through all entries and thereafter shortlisted the best 17 teams. Even though we would wish to have all the 40 teams participating because they deserve it, we are constrained by the ongoing COVID-19 pandemic, financial and space restrictions. We encourage those that didn’t make the final list to continue pursuing their products as every effort counts in this financial inclusion journey,” Innocent Kawooya, the HiPipo CEO.

He added: “Like we noted recently, the top three teams in the hackathon will be shortlisted to be a part of the inaugural 90-days Women in FinTech Incubator. The incubator is a program designed to further concretize their product development and business acumen, and improve their readiness for the fintech industry.”

“Most of all, as we continue to profess, the initiative continues to serve the truth that 100% financial inclusion will only occur if effort is directed to bringing more women into the digital innovation and business space. HiPipo, with its Include Everyone program, and in concert with the Gates Foundation and other stakeholders, is proud to continue serving this purpose. We promise a fantastic arena to acquire and share the digital skills towards that end.”

Empowering innovators

The inaugural Women in FinTech initiative in 2020 exceeded expectations and left no doubt that women are ready to play a starring role in the digital financial services space and can fill the product gap the sector currently contends with.

All the 15 participating teams in 2020 presented excellent ideas, and HiPipo is more than pleased to reveal that it supported three (3) of them to grow into startups, each with a Minimum Viable Product (MVP) that’s ready for the market, which was a success to an extent that they went on to take part in the recently-concluded 40 Days 40 FinTechs initiative.

2021 shortlisted teams and their team leaders.

TEAM NAME

TEAM LEADER

1. Kuzimba

Ephrance Eunice Namugenyi

2. Hack Girls

Halimah Bukirwa

3. TotoSave

Patricia Rhoda Nekesa

4. PesaJet

Emily Sonia Nakabuye

5. Tegeka Investment Club

Shamim Nakayiza


6. Farmers Financial Development Avenues(FFDA)

Awori Vivian Maria

7. KaCyber Technologies

Nakacwa Fauzia

8. Izere EduBank

Shamim Nirere

9. GroBiz

Diana Najjuma

10. Team MUBS

Namwone Brenda Tabitha

11. SchoolPesa

Mercy Chelimo Yesho

12. Anzisha Africa

Pauline Nalunga

13. Team Affinity

Marieh Musimenta

14. MpaMpe

Emily Immaculate Namuganga

15. Green Shares Ltd


Annet Nanyanzi

16. Belle Beauty Uganda

Sharon Alice Namugerwa

17. Care For Her

Tusiime Emily Queen

 Important dates:

  1. 8th to 14th October: Women in FinTech hackathon underway.
  2. 15th October: Women in Fintech Summit.

Benefits:

  1. Networking with fellow developers and facilitators from across the world.
  2. Mentorship from industry players and business leaders.
  3. Access to latest infrastructure and technology.
  4. $5000 prize money to be shared by the winning teams.
  5. Fully paid 90 days Incubator Program for three top teams.

Prize money breakdown:

  1. Winning team: $2000 and participation in 90 Days Incubator Program
  2. First runner up: $1000 and participation in 90 Days Incubator Program
  3. Second runner up: participation in 90 Days Incubator Program.

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