La start-up ivoirienne Daba Finance won the 2024 edition of the Ecobank Fintech Challenge. It is an annual competition organized by the pan-African banking group to reward technological innovation in the financial sector

12 selected finalists competed in Lomé in Togo among more than 1550 applications from 70 countries. Competitors came from Kenya, Rwanda, Nigeria, Nigeria, Nigeria, Nigeria, Nigeria, South Africa, South Africa, Cameroon, Togo, DRC and Guinea. Daba Finance leaves with an envelope of $50,000, but above all a strategic partnership with Ecobank. The pan-African bank is present in 34 African countries and offers the Ivorian start-up a launching pad to accelerate its expansion. Daba Finance's mission is to “democratize investment in Africa”, according to its boss. Junior Boum III said that at a time when many initiatives are struggling to reach local populations, often excluded from traditional financial circuits, the Ivorian fintech offers

“Today, we are specifically focused on products from the UEMOA (West African Economic and Monetary Union) zone. However, for other assets, such as venture capital, we make it possible to invest in other countries. But when it comes to listed markets (stock exchanges, shares, bonds, mutual funds), it is mainly in the UEMOA zone,” said the young entrepreneur of Cameroonian origin and