The application period for the Fintech Projects Competition “BRVM Fintech Innovation Challenge” expired on October 17th. This initiative, which aims to select talent initiators of innovative projects that will benefit from support to implement their projects in its laboratory “BRVM Fintech Lab” was launched on September 18, 2018.
At the end of this period, the BRVM announced that thirty-five (35) applications were registered. These files will be carefully scrutinized and scrutinized by a panel of experts to pre-screen innovative projects that have the potential to contribute to real business challenges in the financial services sector in the sub-sector. region. Holders of short-listed projects will be invited to the interview phase. Successful candidates at the end of the process will have a period of 6 to 12 months to complete their projects.
Through its laboratory of digital technologies, the BRVM wishes to support the sub-regional financial system in innovation and anticipation of future disruptions. As such, it will allow young talents, individuals aged 18 to 40 or startups established in the UEMOA region, who are carriers of innovative projects or research topics of interest in the Fintech, to implement them. .
About the BRVM
Covered on the baptismal font on December 18, 1996 in Cotonou (BENIN), the Regional Stock Exchange (BRVM) is a fully integrated electronic exchange common to 8 West African countries: Benin, Burkina Faso, Côte d’Ivoire Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and Togo. In addition to shareholdings (shares), the BRVM offers the issue and trading of debt securities (bonds).
The BRVM offers investors a world-class trading environment with state-of-the-art trading and settlement systems. The BRVM is a member of the Executive Committee of the African Securities Exchanges Association (ASEA). Since November 2016, it has been classified as a frontier market by the MSCI.
