Inequality is widening between and within African countries, this gap has created opportunities for criminals to acquire large amounts of funds illicitly.

Everyday, millions of people are losing out, due to falling victim to a variety of targeted scams.

To combat this rising problem, nations will need to increase their protection of vulnerable consumers particularly through tightening compliance controls, whilst also applying their own safeguards and client due diligence. A way to achieve this is through the use of technology-driven solutions.

As part of a joint collaboration between RegTech Africa and NayaOne, you are invited to participate in this socially-purposed hackathon with a mission, where participants will work collaboratively to develop viable outcomes for inclusive solutions to protect vulnerable consumers on financial services in Africa.

The steps of the hackathon are as follows:

Raise awareness

About the factors that surround consumer protection. As anyone can become a victim to such circumstances, it is more important now, more than ever, to put mechanisms in place that will support those most at risk.

Deliver results

With real action to directly solve both challenges to the benefit of end consumers.

Promote collaboration

Across the African fintech ecosystem with a call to action for the common good.

What support can I expect?

All participants will have access to world-class mentors, who will host open office sessions within the platform chat, providing support on how to improve your solution.

Register your participation today on 'eventbrite', click here https://bit.ly/3FjuKp0

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