Fintech Egypt launches COVID-19 Innovation Sprint

Today, FinTech, as an industry, is not only solving unprecedented problems but also planning for an inevitable digital future and it is the responsibility of all FinTech Ecosystem stakeholders to unify efforts and become fast and proactive to make this happen.

 The COVID-19 pandemic will likely have lasting effects that will impact the Egyptian economy for years to come. We see startups playing a part in creating the short term – and long term – solutions for this new reality. 

Under the host of the Central Bank of Egypt and in collaboration with the Financial Regulatory Authority (FRA), we have partnered with FSD Africa on a COVID-19 Innovation Sprint that aims to unearth, develop, and refine FinTech solutions that directly address the pandemic in Egypt. 

 the startups that are selected to participate in this sprint will work closely with the Egyptian banks and financial institutions. Egyptian financial institutions and banks are increasingly adopting FinTech concepts and collaborating with established FinTech startups to leverage their offerings and overcome unprecedented challenges that appeared during COVID-19 and its aftermath to help consumers adapt to the new norm.

If your tested solutions can solve the financial sector’s COVID-related challenges, apply and help make a difference before 19 February 2021:
https://airtable.com/shrjgY02tLTukCAR7