Wema Bank holds Bootcamp for Fintech Startups
Wema bank is popular for its innovative app, Alat which is one of the apps changing the Fintech game in Nigeria. Aside from this though, the bank is also up there when it comes to supporting fintech and the Nigerian startup ecosystem. One of the latest demonstrations of this is its Bootcamp for Fintech startups.
In an attempt to contribute to technological advancement in Nigeria, Wema Bank has commenced a ten-week Bootcamp. The program is aimed at helping fintech startups develop solutions for banking and finance.
Tagged The Hackaholics Bootcamp, the program is set to engage some of the best startups from the participants in the Hackathon by WEMA. It will help them develop their ideas and groom it into products ready for the market.
The program will also include training for startups on global best practices for lean startups. Some of such practices include mapping of the customer journey, user research and pivoting, and several other solution design thinking.
The Bootcamp commenced on Monday, September 16, 2019 at the Wema Bank office in Ilupeju, Lagos. Among others, the event would feature robust training and ideation sessions on product design and development which would be coordinated by experts.
Notable among the facilitators at the Bootcamp are Iyin Aboyeji (Co-founder Andela, Flutterwave and Founder Street Capital), Chuba Ezekwesili (Head of Research and Strategy and Co-founder, Akanka), Joseph Agunbiade (Founder University, Get mobile Technologies Limited and SmartED, Co-founder BudgIT) among other specialists.
Each of the participating teams will have different business model toolkits with which they would develop market-ready scalable solution, branding and communications and a go-to-market strategy. There will also be training sessions on how to pitch and win investors.
This is not the first time Wema Bank would be putting a Bootcamp like this together and the next edition i.e Wema Bank Hackaholics 2.0 will take place next year. Earlier this year, the bank had its first Hackathon with the aim of using technology to solve social, financial, and institutional challenges.