SA’s Reserve Bank launches competition for fintechs
The SA Reserve Bank (Sarb) has launched a competition aimed at fintech firms that are developing innovative solutions to the challenges within the financial services industry.
The Reserve Bank said in a statement last Thursday (22 August) that the initiative — the Global Fintech Hackcelerator @Southern Africa — aims to create a platform for fintechs to demonstrate their innovative solutions to the complex financial challenges in the region.
The competition, managed by fintech acceleration programme KPMG Matchi, is open to firms from around the world.
Applications close on 8 September.
