Hackaholics 4.0

Join the largest community of problem-solvers, visionaries, creative thinkers and Innovators in Africa, at the annual Hackaholics Ideathon, and together, let's catalyze change with the enabling power of Technology

WEMA BANKIDEAXALATFOUNDER KONNECTAWSGOTAPBRIDGE

ABOUT HACKAHOLICS

Largest Youth-focused Ideathon in
Sub-Sahara Africa

Hackaholics is Wema Bank’s open innovation challenge, designed to empower problem-solvers, startups, and tech enthusiasts. This year, we’re introducing two exciting tracks:

  • • The Hackathon – Where developers and tech teams build innovative solutions in a fast-paced coding competition.
  • The Startup Pitch Competition – A platform for entrepreneurs to showcase their groundbreaking ideas to investors and industry experts.
  • Hackaholics 4.0

    Over the past years, the bank has consistently demonstrated its commitment to fostering innovation, nurturing young talent, and driving cross-generation digital conversation through our flagship event–Hackaholics 4.0. With a population of over 250 million young Africans enrolled in universities across Africa, we envision a chance to establish a strategic advantage by spearheading the rise of budding unicorns, techpreneurs, and innovators within these academic institutions.

    The Hackaholics Digital Summit, established as Africa's premier ecosystem gathering, is set to encourage innovation, collaboration, and the progress of technology. We're thrilled that this gathering will unite thousands of exceptional individuals, including innovators, change-makers, industry luminaries, and tech enthusiasts from diverse sectors.

    Moruf Oseni

    MD/CEO, Wema Bank

    CHALLENGE AREAS

    We are poised to exploring divergent
    tracks for innovative solutions

    fraud detectioncustomer experienceonboardingcredit management

    BENEFITS

    Here’s why you should not miss this

    Cash Prizes & Funding

    Cash Prizes & Funding

    Win exciting cash rewards of up to N200M to scale your solution.

    Mentorship from Industry Experts

    Mentorship from Industry Experts

    Gain insights from top professionals in banking, fintech, and technology.

    Access to Bank APIs & Tech Tools

    Access to Bank APIs & Tech Tools

    Leverage cutting-edge technology to build and test your solutions.

    Recognition & Exposure

    Recognition & Exposure

    Showcase your innovation to key industry leaders and decision-makers.

    Internship & Job Opportunities

    Internship & Job Opportunities

    Stand a chance to join Wema Bank’s innovation team.

    Career & Networking Opportunities

    Career & Networking Opportunities

    Connect with Wema Bank, investors, and tech enthusiasts.

    Over ₦150M in Cash Prizes Up for Grabs!

    PROGRAMME STRUCTURE

    The Road to the Grand Finale

    Stage 1

    Application Phase

    The journey begins here! Developers, designers, and problem-solvers from across the country can apply to be part of Hackaholics.

    Stage 2

    Regional Preliminaries

    Shortlisted teams will compete in different regions, refining their solutions under mentorship from industry experts.

    Stage 3

    Final Day Demo

    The best teams from the regional preliminaries will present their solutions to a panel of judges, including top executives, and tech leaders.

    Stage 4

    Grand Finale

    Winners receive cash prizes, funding, and mentorship. Outstanding solutions may be considered for further development with Wema Bank.

    PITCH CENTERS

    Gear up, Hackaholics is coming to a location near you

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    South-West

    • Lagos

    • Oyo

    • Kwara

    • Ondo

    • Ekiti

    • Ogun

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    South East

    • Enugu

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    North-West

    • Kaduna

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    North-Central

    • Abuja

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    South-South

    • Akwa-Ibom

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    Africa

    • Nairobi, Kenya

    • Accra, Ghana

    HISTORY

    Our Journey so far

    2019

    How We Started?

    Following the success Wema bank recorded after we launched ALAT, we thought to take a step further to help the tech ecosystem build and launch the next most innovative solution that would come out of the shores of Africa. - Hackaholics was born. Hackaholics was birthed in 2019 to bring together a community of fintech to solve industry-identified problems. It is beyond doubt that innovative solutions from these fintech companies, when adopted, will help improve efficiency in process, ensure customer loyalty and drive profitability for various businesses.

    2019

    Hackaholics 1.0

    The maiden edition of Hackaholics was held in 2019. We received over 200 applications with only 20 participants shortlisted to hack for solutions within the three-day event to pre-identified problem areas.

    2021

    Hackaholics 2.0

    “Hackaholics 2.0- was themed Connecting Worlds” , The virtual pitch event was organized in collaboration with “Venture Garden Group/Green House Capital”.About 580 application entries were received across five verticals which exceeded 2019’s volume by 150%. We shortlisted twenty (20) startups and tech solution providers who pitched their various solutions that would be changing the face of five (5) different sectors - financial service, health, gaming & betting, agriculture, and education in Nigeria and across Africa. At the end of the Day 2 of the pitch event, ten (10) winners emerged who qualified for the acceleration BootcampAt the end of the acceleration Bootcamp, four(4) startups were awarded over #2,000,000.00 each as support funds to scale their businesses following their outstanding performance during the program.

    2022

    Hackaholics 3.0

    “Hackaholics 3.0- was themed The Future is NOW”. We received over 900 Entries across FUTA, BABCOCK, UNILAG, AAUA, KWASU, UNIABUJA, UI, FUOYE, and JABU.[23,000 Students in total] Participants were selected based on preset criteria and invited to pitch at designated pitch centers which included FUTA, BABCOCK and UNILAG. At the end of each pitch event, a total of 9 Teams, who had the most innovative and interesting ideas across Health, Lending, Education, Financial Inclusion, Education, SME, NFT & Blockchain Technology were shortlisted.

    2023

    Hackaholics 4.0

    To explore limitless opportunities in emerging technologies, while leveraging our neo-bank proposition in massively acquiring the students and youth eco-system, deepen the bank’s brand and position the brand in attracting and retaining tech talents. We would be visiting 11 Campus across Nigeria engaging over 100,000 Students

    FAQ

    Frequently Asked Questions

    Ready to Innovate?
    Join Hackaholics Today!

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