26/04/2024
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MoMo from MTN Launches 2023 MoMo Hackathon

MoMo from MTN is pleased to announce the launch of the MoMo Hackathon held on the 13th of September at BongoHive. This initiative invites talented developers and coders from across Zambia to win their share of USD 10,000 by creating transformative tech solutions utilising the MoMo APIs tailored for the Zambian market.

Building upon their commitment to promoting financial inclusion, MTN’s MoMo Hackathon seeks to harness the creativity of Zambia’s brightest minds to bridge the financial divide that exists within the country. The Hackathon serves as a platform for skilled individuals to conceptualise and develop solutions that integrate tech and financial services that extend beyond conventional payment processing. 

The hackathon will run till October 9, 2023. Developers will have to submit their groundbreaking ideas by 18th September 2023, for solutions that leverage MTN Mobile Money APIs. Submissions should target consumers, merchants, or businesses and offer solutions that go beyond traditional and conventional payment methods.

MoMo from MTN will select the top 12 applicants to advance to the prototyping phase. These selected participants will be required to develop a working prototype of their solution and provide a live demo to the judges. 

MoMo from MTN will work in collaboration with the technology and innovation hub, BongoHive, to support the recruitment process. It will be followed by a 3-week interactive mentorship programme grounded on ideation, design thinking, human-centred design (HCD), and business modelling courses. This will help the selected participants to refine their ideas and build viable prototypes in readiness for pitch day. The 3-week mentorship programme will not only equip them for their final pitch but also enable them to run successful businesses. 

A prize pool of USD 10,000 will be awarded to the top 3 successful participants – the first place winner will receive USD 5000, the second place winner will receive USD 3000 and the third place winner will receive USD 2000. 

The MoMo Hackathon reaffirms MoMo from MTN’s commitment to supporting entrepreneurs as well as fostering financial inclusion in Zambia. This aligns with MoMo’s strong belief that everyone deserves to enjoy the benefits of a modern and connected life.

For more information, interested developers can visit https://momo2023.hackerearth.com/ or the MoMo from MTN social media platforms.

Source: BongoHive

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