Wema Bank Unveils Nigeria’s Top 25 Tech Innovators for Hackaholics 4.0 Grand Finale

Wema Bank Unveils Top 25 Innovators for Hackaholics 4.0: Witness the Future of Nigerian Tech

Nigeria’s leading innovative financial institution, Wema Bank, has selected the top 25 finalists for its highly anticipated Hackaholics 4.0 competition, and the excitement is building as we approach the grand finale. With a massive N50,000,000 cash prize on the line, these brilliant minds are set to showcase the future of Nigerian tech.

Empowering the Next Generation of Nigerian Innovators

Hackaholics, which began in 2019, is on a mission to empower young innovators and startups across Nigeria and Africa. In its journey so far, Hackaholics has toured 37 universities, challenging undergraduate students, youth, and startups to create practical tech solutions to real-life problems. The impact has been remarkable, with at least 300,000 lives and businesses launched, backed by over $200,000 in grants from Wema Bank.

Meet the Top 25 Finalists Taking Nigerian Innovation to the Next Level

  • Daniel Babalola – Team Talo
  • Adeniyi Daniel – Team TouchNut
  • David Campbell – Team Naija Box
  • Ebulue Ifeanyichukwu Henry – Team Raptor
  • Jane Agbaohwo – Team Ireti
  • And 20 other innovative teams

These finalists were selected from a pool of talented participants who pitched creative ideas for impactful solutions across key areas of human life, including education, climate, health, and fintech.

A Week of Intense Mentorship and Grand Finale Excitement

The Hackaholics 4.0 grand finale week started with a mentorship program, offering finalists exclusive guidance from industry leaders like Microsoft, KPMG, Samsung, Paystack, Flutterwave, and Dream Space. This was followed by the pre-pitch event on October 5, 2023, where the top 10 contenders emerged. The winners will be announced on Friday, October 6, 2023, by a distinguished panel of judges.

Wema Bank: Leading the Way in Holistic Banking and Innovation

With its Hackaholics initiative, Wema Bank is setting a new standard for holistic banking and financial services in Nigeria. The bank is offering a total of over N50,000,000 in cash prizes across five categories, including a grand prize of N15,000,000. Additionally, the bank is dedicated to supporting female-led teams and university stem endowments, disbursing N5,000,000 and N22,000,000 respectively in these areas. Wema Bank’s commitment to fostering digital innovation and supporting Nigerian businesses and individuals is evident in the Hackaholics journey, as they nurture a vibrant ecosystem that drives economic growth and enhances lives.

Read our related article on the latest in Nigerian tech innovation.

TECNO, a leading smartphone brand, has also been a key supporter of Nigerian innovation, recently launching its all-new PHANTOM series, unleashing smartphone excellence and empowering Nigerians with powerful tools for innovation.

Nigeria’s Tech Future Looks Bright

As we witness the future of Nigerian tech unfold at the Hackaholics 4.0 grand finale, it’s clear that the country’s innovation ecosystem is thriving. Initiatives like Hackaholics play a crucial role in nurturing young talent and startups, and with the support of industry and financial institutions, Nigerian tech will continue to make waves.

Disclaimer: This is a sponsored post by Wema Bank.

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