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Wednesday, 31 July 2013

Winners Emerge From Visa’s Financial Literacy Mobile App Development Challenge

Three winners have emerged in the Financial Literacy Challenge mobile development competition, sponsored by Visa, the global payments technology company, and delivered by the Co-Creation Hub, Nigeria.
(From left) CEO and Co-founder of Co-creation Hub Nigeria (CcHUB) Mr. Bosun Tijani, leader of the winning team of Visa's Financial Literacy Mobile Application Challenge Mr. Francis Osifo and Business Development Manager Visa, Ms. Holly Jones during the ‘Show and Tell’ event on Sunday
Six finalist teams presented their completed prototypes at a public “Show and Tell” event yesterday (28th July) at the CcHub office in Lagos, and the final three were then selected by a panel of judges comprising representatives from Visa, First Bank of Nigeria, StanbicIBTC, the Development Initiative Network and Enhancing Financial Innovation & Access (EFInA).

Team ‘Money Talks’ won the grand prize of N1,200,000, while Team ‘More Than Money’ and Team ‘Market Trader’ came second and third, winning N960,000 and N800,000 respectively.

The winners were selected based on the quality of the applications presented and their capacity to solve local problems, their relevance to the financial literacy needs of Nigerians, as well as the extent of creativity demonstrated by the developers.

Ade Ashaye, Country Manager for Visa in West Africa, said: “This competition is part of Visa’s strategy to educate Nigerians on financial literacy. We are constantly introducing innovative programmes to better inform consumers on how to manage their money regardless of their cultural standards, educational needs and levels of economic development.”

The first team, who won the grand prize, comprises Peter Ihesie, Dolapo Popoola, Francis Osifo, Emmanuel Itemuagbor, Afolabi Legunsen, Olayinka Tanimomo and Osagie Osemwegie. Their entry, ‘Money Talks,’ is an audio tutorial solution that aims to provide financial information using SMS, voice interactive system and the web.

Another team, comprising Ajibola Aiyedogbon, Ikechukwu Obiakor, Akinsete Sunday, Dapo Olaopa, Sheri Adegbenro, David Umoh and Damilola Adenusi, achieved the second position with their entry, ‘More Than Money,’ a game developed to reinforce students’ money management skills. The game is an adaptation of the Community Game used by Junior Achievement Nigeria in primary schools across Nigeria.

The third prize went to ‘Market Trader,’ a mobile/web based game that teaches kids about how to make smart financial decisions in a fun and engaging way. ‘Market trader,’ was created by Bayo Puddicombe, Olusegun Fasika, Damilola Akinwale, Willie Anniebiet, Kesa Oluwafunmilola and Segun Fodeke.

4 comments:

  1. Congratulations to you lucky guys

    ReplyDelete
  2. Congrats! this is a good initiative

    ReplyDelete
  3. Visa - giving passport to the future. Nice

    ReplyDelete