HabariPay’s Squad, a fintech subsidiary of Guaranty Trust Holding Company Plc, has announced the launch of its first hackathon, “Take on Squad Hackathon 1.0.” for young innovators.
According to a statement from the fintech, the “Take on Squad Hackathon 1.0.” is aimed at empowering young innovators to create innovative solutions to problems within their immediate community as well as the wider society.
The social coding event is scheduled to be held on January 19- 20, 2023, in Abeokuta, Ogun State.
It noted that the “Take on Squad Hackathon 1.0” was targeted at young innovators in universities and other tertiary institutions in Nigeria.
The two-day event would feature intense coding sessions, product demos, panel discussions and the announcement of winners.
According to HabariPay’s Squad, the team with the most innovative idea will be awarded N2.5m, the first runner-up will get N1.5m, and the third-placed team will get N1m.
“Essentially, the hackathon is designed to impact young Nigerians positively by providing a platform to equip aspiring entrepreneurs and innovators with transformative technological capabilities, enabling them to collaboratively develop practical, innovative tech solutions and refine their coding skills,” it remarked.
It added that participants in the hackathon would have the exclusive opportunity to leverage Squad’s cutting-edge APIs in executing their ideas.
He stated that the top three teams would have the unique opportunity to join the Squad Hackademy, where they would receive mentorship and access internships and job opportunities facilitated by Squad.
The Managing Director of HabariPay Ltd, Eduofon Japhet, said, “We strongly believe in the power of young minds to drive positive change in society. This is reflected in our approach to providing simple, innovative solutions to everyday problems faced by small and mid-sized businesses across Africa with Squad.
