Africa Fintech Foundry Drives Technological Innovation At The 2019 Disrupt Conference, Rewards Tech Start-up winner with $10, 000

In its bid to bring together like-minded achievers and make a difference in technological adoption to drive economic growth, Africa Fintech Foundry’s (AFF) Disrupt 2019 conference, themed Digital Gold Rush: Building a Sustainable Tech Economy, held at the Landmark Event Centre, Victoria Island, Lagos.

L-R: Uche Okafor; Regional Manager, West Africa, Bolt, Oghenetega Lortim; Start-up winner and Founder of Gricd and Segun Adeniyi; Head Africa Fintech Foundry presenting the dummy cheque to Start-up winner

 

National Anthem rendition

Powered by Access Bank, AFF’s conference had about 10,000 participants who came together to witness the progress that can be achieved, by using technology as a driver for innovation and disruption in various industries to build a sustainable tech economy,

The conference had in attendance tech moguls and companies, industry leaders, tech enthusiasts and start-ups, venture capitalists and entrepreneurs from the world-over. The 2019 Disrupt Conference featured; a keynote address, panel discussions, fireside chats, master classes, live demo presentations and exhibitions.

Ade Bajomo; Executive Director, IT & Operations, Access Bank Nigeria giving the welcome address

Giving the opening speech titled, “The Future of the Intelligent Bank”, Dr. Herbert Wigwe ; CEO and Group Managing Director, Access Bank Plc, walked the audience through the past 40 years of banking and the changes that technology will bring to the industry saying, “Banks are now competing on how innovation can provide solutions, handle and predict consumer behavior incredibly quickly.

Herbert Wigwe; GMD/CEO Access Bank Nigeria delivering the opening speech

Banks who want to remain competitive must leverage technology such as data analytics and artificial intelligence (AI). Today, becoming an intelligent bank is not optional, but necessary.”

L-R: Uzoma Dozie, former CEO, Diamond Bank; Sam Okojere, Director, Payments System Management Department, Central Bank of Nigeria (CBN); Roosevelt Ogbonna, Group Deputy Managing Director, Access Bank Plc; Brett King, chief executive officer, Moven, United Kingdom, and Herbert Wigwe, GMD/CEO, Access Bank Plc, during the 2019 Africa Fintech Foundry (AFF) Digital Gold Rush conference “Building a Sustainable Tech Economy” in Lagos, recently.

In reference to the conference, Dr. Wigwe said, “Today is a gathering of the best technology brains ready to re-define the future of intelligent Banks and Fintechs. I encourage you all to discuss, postulate and begin conversations that will create new disruptions in our industry.”

L-R: Brett King, Chief Executive Officer, Moven, United Kingdom; Herbert Wigwe, GMD/CEO, Access Bank Plc; Audrey Mothupi, CEO, Systemic Logic, South Africa, and Carl Wocke, CEO, Merlynn AI, South Africa, during the 2019 Africa Fintech Foundry (AFF) Digital Gold Rush conference “Building a Sustainable Tech Economy” in Lagos, recently.

Head, Africa Fintech Foundry, Mr. Segun Adeniyi, echoed these sentiments saying, “One of the key aim of AFF’s Disrupt Conference is to help innovators harness the power of their innovations, give them a platform to test and go to market, as well as provide them unparalleled access to global financial, technology, business and investor partner networks. We work to enable the move of brilliant, tested ideas into the market and continually disrupt the technological ecosystem in that process.”

L-R: Henry Sanders, Corporate Vice President, Operating Systems engineering, Microsoft; Ade Bajomo, Executive Director, IT and Operations, Access Bank; Alex Kipman, Executive Vice President, Holo Lens, AI, Microsoft, United States of America; Phil Spencer, Executive Vice President, Gaming, Microsoft, United States of America; Herbert Wigwe, GMD/CEO, Access Bank Plc, and Michael Fortin, Corporate Vice President, Microsoft, during the 2019 Africa Fintech Foundry (AFF) Digital Gold Rush conference “Building a Sustainable Tech Economy” in Lagos, recently.

Five tech start-ups; Trep Labs (HealthTech), Smart Teller (FinTech), Kaoshi (FinTech), Gricd (HealthTech) and Seso (PropTech), had the opportunity to pitch their technological solutions, each of which were designed to solve problems within their sector of the economy. The start-ups were scored based on the originality of their solution, customer validation, business module, product quality and readiness, and evaluated by a seasoned panel of judges.

L-R: Roosevelt Ogbonna, Group Deputy Managing Director, Access Bank Plc; Leo Stan Ekeh, Chairman, Zinox Group; Herbert Wigwe, GMD/CEO, Access Bank Plc, and Audrey Mothupi, CEO, Systemic Logic, South Africa, during the 2019 Africa Fintech Foundry (AFF) Digital Gold Rush conference “Building a Sustainable Tech Economy” in Lagos, recently.

Mr. Oghenetega Lortim; Founder of Gricd, an IoT startup providing affordable, portable and active cold chain devices for efficient storage of vaccines, blood and other health/agricultural products, emerged the winner of the demo and was awarded with the sum of $10,000.

L-R: Segun Adeniyi; Head Africa Fintech Foundry and Amaechi Okobi; Group Head, Corporate Communications, Access Bank

Kaoshi, founded by Chukwunonso Arinze and Princess Oti, and Smart Teller founded by Ogunwande Oluwole emerged the first and second runner ups, respectively.

An elated Oghenetega had many accolades for the Disrupt 2019 conference saying, “I thank AFF for giving me an opportunity and extending my runway as a start-up which ordinarily is difficult to establish and maintain. I advise other start-ups to focus on the problems that exist and try to solve them.”

Brett King, Chief Executive Officer, Moven, United Kingdom giving the keynote address

Beyond directly awarding start-ups, the one-day conference filled to capacity, proved the place to be for tech enthusiasts. With panels, speeches and masterclasses that covered topics such as The Future of Gaming and Artificial Intelligence, Regulation Technology, Disruptive Banking, Women in Technology, and Blockchain, and speakers who lead the global technology space, AFF’s Disrupt 2019 took giant strides in forming, evolving and nurturing Africa’s technological advancement.

L-R: Phil Spencer EVP (Gaming) and Alex Kipman, Technical Fellow (AI perception and Mixed Reality) both from Microsoft, USA during their panel discussion on the future of gaming and AI

About Africa Fintech Foundry (AFF)

Africa FinTech Foundry (AFF) is an Access Bank initiative which aims to nurture, fund, and accelerate the growth of FinTech startups in Africa through its mentorship and accelerator programmes, fast-tracking their growth and maturity to deliver relevant solutions to the market, providing greater access to financial services to the financially excluded across the continent. 

 

Fireside chat with Leo Stan Ekeh; Digital Entrepreneur and chairman Zinox Group, Nigeria

 

Panel discussion, women in Technology

 

Panel with Experts on the future of cash in a digital world by Claudio Ceresani; Global Marketing and sales GM, GioriDigital and Zelda Akindele; Partner Templars moderated by Uzoma Dozie, former CEO, Diamond Bank

 

One of the Masterclasses with Susanne Chisti; CEO & Founder FINTECH Circle, United Kingdom

 

Taofeek Olalekan, Co-founder TREP LABS and one of the start-ups during his demo presentation

 

Panel of Judges

 

Cross section of Start-ups

 

Oghenetega Lortim; Founder of Gricd and winner of the start-up demo presentation