The South African Reserve Bank (SARB) will have a Fintech Demo Day toward the finish of October, in Johannesburg, to choose two fintech arrangements who will go to a ‘Fintech Festival’ in Singapore.
Twelve ‘inventive and supportable’ fintech arrangements have been shortlisted for a speeding up program called Global Fintech Hackcelerator @ Southern Africa.
In August 2019 the SARB got together with KPMG Matchi to run the program that makes a stage for fintech firms to show their creative arrangements inside complex monetary difficulties.
Fintech firms were welcome to present an application in light of issue articulations developed in a joint effort with the SARB.
The 12 shortlisted respondents will exhibit their answers on 29 October 2019 in Johannesburg.
The occasion looks to investigate manageable budgetary administrations advancements that must address genuine money related administrations challenges. A board of judges from the SARB, FSCA just as neighborhood and Asian industry specialists will choose two winning participants.
Every victor will get a chance to pitch their answer live during the Hackcelerator Demo Day at the 2019 Singapore Fintech Festival, and get a stipend towards movement costs to go to the occasion.
They will likewise get financing to build up a contextualized confirmation of idea, to be sent inside a year from the Demo Day; and work with high-esteem corporates to contextualize an answer for their needs, while acquiring market section into the Singapore and Asia-Pacific locale.
The main three champs at the Singapore Fintech Festival will each get a money prize.