On Saturday, April 27, 2019, FCMB in partnership with Passion Incubator held the maiden edition of its Tech Pitch Perfect at Hub One. Ten (10) finalists in two start-up categories (e-Payment/Collection and e-Savings) went head to head for the grand prize of Two Million Naira and a free one-year subscription at Hub One.
The panel of judges at the event included Co-founder/COO, PiggyVest App, Odunayo Eweniyi; Co-Founder, Amplify Pay, Segun Adeyemi; Co-Head Financial Services, Jackson Etti and Edu, Abayomi Adebanjo; and Group Head, Business Banking Group, FCMB, George Ogbonnaya.
After several rounds of pitches, SmartTeller won in the e-Payment category, while eFarms won in the e-Savings category. Both went home with One Million Naira each, and will also enjoy a free one-year subscription at Hub One.
Nigerian startups raised $17.6m in Q1 2019, 8.5% higher than they did in Q1 2018. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.