• #111 (no title)
  • About Us
  • Contact Us
  • COVID-19 Coronavirus Global Data
  • Home 3
  • Job Dashboard
  • Jobs
  • Log In
  • Post a Job
  • Privacy Policy
  • Privacy Policy
  • Reset Password
  • Sign Up
  • Tenders
  • test
Thursday, September 21, 2023
Independent News
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf
No Result
View All Result
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf
No Result
View All Result
Independent News
No Result
View All Result
Home Business Businesses

MTN FinTech Hackathon 2022 Competition winners to share E160 000

Themba Zwane by Themba Zwane
June 13, 2022
in Businesses
3 min read
0
MTN FinTech Hackathon 2022 Competition winners to share E160 000

MTN Sam Shongwe

Ezulwini – MTN FinTech Hackathon 2022 Competition stand to share USD 10,000 (E160,202.50) in this year’s competition.

This was disclosed by Chief Executive Officer (CEO) Sam Shongwe during the official launch of the competition at Mahlalekhukhwini House. Making his remarks, the CEO said, “MTN Fintech is today officially encouraging developers to refine their ideas towards gearing up to join the competition where they stand to win a share of USD 10,000 in this year’s competition. I’d like to reassure participants that all these ideas shall be owned by the developers and as such, MTN Fintech will ensure any business model they desire fully benefits the developer. I hope to see you all when we announce the top 12 finalists of the program in 3-4 weeks’ time.”

Shongwe disclosed that at the core of their Ambition 2025 Strategy is the development of platforms, Fintech’s and APIs, becoming an enabler for businesses wishing to plug into their platforms.

“Our continued investment in growing FinTech has led us to a point where, to date, we have 88 businesses and start-ups on the MoMo Open API platform. These businesses have a monthly circulation of E17 Million, with over 3 million transactions going through monthly. The recent MTN Bushfire festival was another great achievement for MTN FinTech where through opening our APIs platform, customers could seamlessly purchase festival tickets via the MTN MoMo Marketplace. Ensuring that MoMo becomes the only currency for all festivals in the country going forward.”

He said this proves the great appetite that exits in the financial ecosystem for solutions such as the Open API platform through the benefits already being derived by emaSwati and businesses since they opened it up.

He said it’s been a journey they are pleased to have made easier for creatives and developers to integrate into Mobile Money as they roll out their applications. He added, “essentially, this translates to a seamless, end-to-end transactional experience where, through the mere exposure of our MoMo APIs, the traditional physical interaction of making payments is eliminated. The MoMo Open API platform is fully enabling e-commerce, ushering us into a digitised Eswatini. The recently announced MTN FinTech GSMA certification has been a great milestone for us as business, a much-needed confidence boost in MoMo as a reliable and safe product.”

The CEO highlighted that issues of safety and security became pertinent as we grew the MTN FinTech company, and the certification has given MTN FinTech the stamp of approval to boldly take this next step and further open MoMo APIs to developers. He said the event is about fresh digital ideas which will make an impact in Eswatini, way into their future.

“As we journey towards our digital transformation strategy, it’s imperative that we create opportunities for businesses to play in the digital space; and it is for this reason that we are launching the MTN FinTech Hackathon 2022 Competitiontoday.”

This is the second Hackathon MTN FinTech is running as a business, and Shongwe said it is extremely vital that he acknowledged prior participants of this program and the amazing success shared. 

Shongwe said they have derived many learnings from the previous participants and are excited to be tackling another Hackathon with Eswatini’s bright minds.

Share4Tweet3Share1
ADVERTISEMENT
Previous Post

Prime Minister Cleopas announces appointment of PS’s and CBE Governor

Next Post

Arson attacks, criminal not political- Govt Spokesperson

Themba Zwane

Themba Zwane

Related Posts

‘Landers vs ‘Birds’ in MoMo Cup
Local Sports

‘Landers vs ‘Birds’ in MoMo Cup

September 20, 2023
Eswatini to commit E30 billion for SDGs
Community News

Eswatini to commit E30 billion for SDGs

September 20, 2023
Free entry in Sitsebe, Burkina Faso clash
Local Sports

Free entry in Sitsebe, Burkina Faso clash

September 20, 2023
Next Post
Arson attacks, criminal not political- Govt Spokesperson

Arson attacks, criminal not political- Govt Spokesperson

Discussion about this post

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Free entry in Sitsebe, Burkina Faso clash

Free entry in Sitsebe, Burkina Faso clash

September 20, 2023
Eswatini to commit E30 billion for SDGs

Eswatini to commit E30 billion for SDGs

September 20, 2023
Lojaf Pick n Pay’s contributes to Group’s E2.1bn profit

Lojaf Pick n Pay’s contributes to Group’s E2.1bn profit

April 27, 2020
Former Mbabane Highlanders midfielder Thamsanqa Sangweni to re-join Chippa United

Former Mbabane Highlanders midfielder Thamsanqa Sangweni to re-join Chippa United

January 22, 2021
‘Landers vs ‘Birds’ in MoMo Cup

‘Landers vs ‘Birds’ in MoMo Cup

September 20, 2023
Eswatini to commit E30 billion for SDGs

Eswatini to commit E30 billion for SDGs

September 20, 2023
Free entry in Sitsebe, Burkina Faso clash

Free entry in Sitsebe, Burkina Faso clash

September 20, 2023
Inside Ecsponent: How E340m was squandered

I was never Ecsoponent director – Dave Van Niekerk

September 18, 2023
ADVERTISEMENT

PressReleases

Inside Ecsponent: How E340m was squandered
Press Releases

ESCPONENT SAGA: Dave Van Niekerk warns MHMK Group on concerted effort to defame him

August 28, 2023

It has come to my attention that there is a concerted effort to malign, discredit and defame my name by...

Read more
Jehovah’s Witnesses ‘pursuing peace’ amid rising global tensions

Jehovah’s Witnesses ‘pursuing peace’ amid rising global tensions

August 10, 2022
New Scenarios on Global Food Security based on Russia-Ukraine Conflict

New Scenarios on Global Food Security based on Russia-Ukraine Conflict

March 21, 2022
MTN donates US$25 million to the African Union’s COVID-19 vaccination programme

AFRICA BRAND AWARDS: MTN named most helpful private sector brand during the pandemic

May 28, 2021

Stay Connected test

  • 13.6k Fans
  • 5.1k Subscribers

Recent News

‘Landers vs ‘Birds’ in MoMo Cup

‘Landers vs ‘Birds’ in MoMo Cup

September 20, 2023
Eswatini to commit E30 billion for SDGs

Eswatini to commit E30 billion for SDGs

September 20, 2023
Free entry in Sitsebe, Burkina Faso clash

Free entry in Sitsebe, Burkina Faso clash

September 20, 2023
Inside Ecsponent: How E340m was squandered

I was never Ecsoponent director – Dave Van Niekerk

September 18, 2023


ADVERTISEMENT
Independent News

Independent News Eswatini is a registered private media house in Eswatini established in 2007 and is based in Mbabane. We are the fastest growing weekly news publication in Eswatini that seeks to publish, investigative stories that give insight and play the watchdog media role in government politics, uncovering corruption, giving business insights, technology and economic outlook in Eswatini.

Follow Us

Browse by Category

Recent News

‘Landers vs ‘Birds’ in MoMo Cup

‘Landers vs ‘Birds’ in MoMo Cup

September 20, 2023
Eswatini to commit E30 billion for SDGs

Eswatini to commit E30 billion for SDGs

September 20, 2023
Free entry in Sitsebe, Burkina Faso clash

Free entry in Sitsebe, Burkina Faso clash

September 20, 2023
  • About Us
  • Advertise
  • Privacy Policy
  • Contact Us

© 2020 Independent News - All Rights Reserved

No Result
View All Result
  • Home
  • COVID-19
    • COVID-19 Global Data
  • News
    • Local
    • South Africa
    • Africa
    • World
  • Business
    • Economy
    • Markets
    • Finance
    • Businesses
    • World Economy
  • Technology
  • Travel
    • Travel News
    • Hotels
    • Domestic Tourism
    • Health
    • Home and Garden
    • Motoring
    • Travel Tips
  • Entertainment
    • Local
    • Upcoming Events
    • International
    • Celebrity News
    • What’s On
    • Music
    • Movies
  • Tenders
  • Sports
    • Local Sports
    • Legend Corner
    • International Sports
    • Soccer
    • Rugby
    • Cricket
    • Tennis
    • Boxing
    • Cycling
    • Golf

© 2020 Independent News - All Rights Reserved

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In