WEMA Bank Hackaholics

Join the largest community of problem-solvers, visionaries, creative thinkers, and innovators in Africa at the annual Hackaholics Ideathon. Catalyze change with the enabling power of technology!

📝 About WEMA Bank Hackaholics

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

• The Hackathon: A fast-paced coding competition where developers and tech teams build innovative solutions.
• The Startup Pitch Competition: A platform for entrepreneurs to showcase groundbreaking ideas to investors and industry experts.

Challenge Areas

1. Fraud Detection
   Combat the evolving nature of financial fraud by developing real-time detection and prevention solutions.

2. Customer Experience
   Create seamless, personalized, and instant banking experiences across digital and physical touchpoints.

3. Onboarding & Acquisition
   Simplify the onboarding process to reduce customer abandonment caused by lengthy verification steps or poor user experience.

4. Credit Management
   Innovate credit assessment systems to improve access for customers, moving beyond outdated credit scoring methods.

🎁 Benefits of WEMA Bank Hackaholics

Participants stand to gain the following benefits:

1. Cash Prizes & Funding
   Win exciting cash rewards of up to ₦200M to scale your solution.

2. Mentorship from Industry Experts
   Gain insights from top professionals in banking, fintech, and technology.

3. Access to Bank APIs & Tech Tools
   Leverage cutting-edge technology to build and test your solutions.

4. Recognition & Exposure
   Showcase your innovation to key industry leaders and decision-makers.

5. Internship & Job Opportunities
   Stand a chance to join Wema Bank’s innovation team.

6. Career & Networking Opportunities
   Connect with Wema Bank, investors, and tech enthusiasts.

✅ Eligibility Criteria

• Open to problem-solvers, startups, and tech enthusiasts based in Nigeria.

📅 Application Process

Stage 1: Application Phase

• Developers, designers, and problem-solvers from across Nigeria can apply to participate in 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 will receive cash prizes, funding, and mentorship. Outstanding solutions may be considered for further development with Wema Bank.

🌍 Opportunity Details

• Date Published: April 4, 2025
• Application Deadline: Ongoing
• Category: Contest, Entrepreneurs
• Opportunity Location: Nigeria
• Eligible Locations: Nigeria

🔗 Application Portal

For more details and to apply, visit the official WEMA Bank Hackaholics website.

Take this opportunity to innovate, connect, and make an impact with Wema Bank Hackaholics! 🚀

• Cash Prizes & Funding: Win exciting cash rewards of up to N200M to scale your solution.
• Mentorship from Industry Experts: Gain insights from top professionals in banking, fintech, and technology.
• Access to Bank APIs & Tech Tools: Leverage cutting-edge technology to build and test your solutions.
• Recognition & Exposure: Showcase your innovation to key industry leaders and decision-makers.
• Internship & Job Opportunities: Stand a chance to join Wema Bank’s innovation team.
• Career & Networking Opportunities: Connect with Wema Bank, investors, and tech enthusiasts.