Dubai, UAE – Citi announced today the launch of the Citi Middle East and North Africa (MENA) Fintech Challenge. The Citi MENA Fintech Challenge offers the region’s Fintech community the opportunity to put their ideas into practice and come up with innovative solutions around four identified problem statements:
- Digitizing Cash Collections
- Assured Payments
- B2B2C Enablement
- Digitizing Trade Processes
“We are calling Fintechs with relevant innovative solutions, ranging from existing enterprises to early stage start-ups, to participate in this challenge. The launch of this challenge is an important milestone in our quest to uncover innovative solutions for our clients.” said Emre Karter, Treasury and Trade Solutions Head, MENAPT, Citi. “By offering the Fintech community the opportunity to showcase their ideas, we hope to contribute to the development and growth of Fintech companies in the region.’’
Shortlisted Fintechs will get the opportunity to work with Citi Treasury and Trade Solutions on these challenges and showcase their designed solutions to executive sponsors at the Citi MENA Fintech Challenge Day on the 9th September, 2019. Finalists will be awarded an opportunity to work with Citi in developing a market-ready solution by March 2020.
The last date for submissions is 10th July 2019. Click here for more details.