Wema Bank Opens Bootcamp to Support Fintechs

The Hackaholics Bootcamp is a ten-week intensive program designed to engage outstanding startups who participated at the Wema Bank Hackathon to develop their ideas and make them into market-ready products or services. They will also be trained on global practices for lean startups which includes user research and pivoting, customer journey mapping among other solution design thinking.

The Bootcamp which kicked off on Monday, September 16, 2019, at the Wema Bank Codeville, Ilupeju, Lagos will feature robust ideation and training sessions on product design and development facilitated by experts.

Trainers at the Bootcamp – Chuba Ezekwesili,Head of Research and Strategy and Co-founder, Akanka, Iyin Aboyeji, Co-Founder Flutterwave, Andela and Founder Street Capital, Joseph Agunbiade, Co-founder BudgIT, Founder Univelcity, Getmobile Technologies Limited, and SmartED and other experts – will take participating teams through extensive market research and predictive trend analysis to ensure they develop solutions that are relevant in an ever-changing market.

Participating teams will be equipped with different business model toolkits to develop a scalable market-ready solution, a go-to-market strategy, branding and communications. They will also be equipped with skills on how to pitch to and win over investors.

In his remarks, Wema Bank’s Head of Innovation, Samuel Omotayo stated that: “the path to growth in today’s world is through collaboration and competition within and outside your organization.”

“Our goal is to equip and support startups to bring their ideas to life and ultimately, to have market-ready viable products by the end of the Bootcamp.

“We aim to create solutions that will drive process efficiency, optimize service delivery and improve customer experience. We are also looking to partner with other tech organizations in this regard.”

It should be recalled that in March this year, the bank pulled together startups and young tech professional for its first hackathon, Hackaholics, as part of its drive to leverage technology in solving financial, institutional and social challenges.

Through the bootcamp, Wema Bank will build on the success of Hackaholics and continue its support of fintechs in reinventing financial service delivery in Nigeria.