These Startups Won FCMB Tech Pitch Perfect

Winners of the recently held First City Monument Bank’s Tech Pitch Perfect competition are eFarms and SmartTeller.

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The aim of the competition was to seek tech startups across Nigeria with innovative e-Payment/e-Collection and e-Savings solutions.

Following the applications phase, 10 startups (5 each in e-Payment/e-Collection and e-Savings track) were selected to pitch.

eFarms is an agric-focused fintech company that crowdfunds capital from people with disposable income to fund farmers who need it to expand their farm holdings.

SmartTeller on the other hand is a cooperative digital banking and payments platform.

AT the event held at Hub One, FCMB’s Yaba-based coworking space for disruptors and visionaries, a total of 10 startups pitched to a panel of judges that comprised George Ogbonnaya (FCMB), Segun Adeyemi (Pilot Partners), Abayomi Adebanjo (Jackson Etti & Edu) and Odunayo Eweniyi (PiggyVest).

The judges selected eFarms (e-Savings track) and SmartTeller (e-Payment/e-Collection track) as winners.

In a statement, FCMB said the winners got ₦1 million each, free membership for a year at Hub One, ₦1 million worth of legal services from Jackson, Etti & Edu, the opportunity to work with FCMB, a leading financial institution in the country, and other prizes.

Source TechcityNG

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