Stanbic IBTC Innovation Challenge

Application closes 14th of September.

The winning solution will receive total funding valued at $15,000; $12,500 in cash, and workspace in the Stanbic IBTC Blue Lab (valued at $2500). The winner will also be granted access to IT infrastructure for solution testing and development.

About the challenge

The Stanbic IBTC Innovation Challenge is a competition aimed at developing solutions to improve service offerings and delivery through collaborations with entrepreneurs in the digital technology and innovations space. In conjunction with CcHub, the Stanbic IBTC Innovation Challenge will seek to improve service delivery and chart the course of the digitization of the current model of financial servicing in Nigeria.

Solution Areas

We invite entries from technology startups and product development teams across Nigeria, with the skills and expertise required to execute world-class solutions to identified areas within Stanbic IBTC:

1. The branch network aims to revamp the card issuance system, to ensure that every customer is able to claim their debit cards.

How might we improve the process of customer card deliveries to be more seamless and cost-efficient?

2. Stanbic IBTC Asset Management Limited houses vast amounts of data that can be utilized to serve its customers better.

How might we create an efficient data analytics system that collects and collates relevant customer data, and transforms them into insights used to improve service delivery?

3. With changing consumer behavior, Stanbic IBTC Stockbrokers Limited needs to constantly adapt its online trading platform to users’ preferences.

How might we improve the customer trading experience through creating a simplified trading platform that is easy to understand?

We invite entries from product development teams and technology startups across Nigeria that have the skills and expertise to execute on world class solutions .

Find out more about all the terms and conditions

Apply here