WEMA Bank Hackaholics 6.0 Hackathon for Young Nigerian Entrepreneurs |200 Million Naira in Cash Prizes

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

The Hackathon – Where developers and tech teams build innovative solutions in a fast-paced coding competition.
The Startup Pitch Competition – A platform for entrepreneurs to showcase their groundbreaking ideas to investors and industry experts.

Challenge Areas

1. Fraud Detection

Financial fraud is evolving rapidly, making it challenging for banks to detect and prevent fraudulent activities in real time.

2. Customer Experience

Modern banking customers expect seamless, personalized, and instant banking experiences across digital and physical touchpoints.

3. Onboarding & Acquisition

Many customers abandon the onboarding process due to lengthy verification steps, poor user experience, or lack of guidance.

4. Credit Management

Many customers struggle to access credit due to traditional risk assessments that rely heavily on outdated credit scoring systems.

Benefits of WEMA Bank Hackaholics

1. Cash Prizes & Funding

Win exciting cash rewards of up to N200M 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.

WEMA Bank Hackaholics Requirements

This opportunity is open to problem-solvers, startups, and tech enthusiasts in Nigeria.
Application Date and Process

Stage 1

Application Phase

The journey begins here! Developers, designers, and problem-solvers from across the country can apply to be part of 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 receive cash prizes, funding, and mentorship. Outstanding solutions may be considered for further development with Wema Bank.

Hackaholics Locations

South-West

Lagos
Oyo
Kwara
Ondo
Ekiti
Ogun

South East
Enugu

North west
Kaduna

North-Central

Abuja
South-South
Akwa-Ibom

Africa

Nairobi, Kenya
Accra, Ghana

Application Dealine not specified (ongoing)

Method of Application 

Interested applicant should Go: Click Here To Apply 

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