Kampala, Wednesday October 13, 2021: Participants at the on-going Women in FinTech Hackathon have been challenged to make good use of the Internet as it has several resources needed for product success.
This message was delivered by Damali Ssali, a seasoned Chartered Accountant, Book Author and the Founder of the Ideation Corner on Day 5 of the Women in FinTech Hackathon.
Damali Ssali noted that even though Product Development and Roll-out is a hectic process, putting the Internet to proper use can help fix several issues.
“The internet as a tool contains a lot of resources from product development, research and fundraising among others. The internet will also help you make sure that the product you are developing is not a duplicate of what is already on the market. The internet will help you improve your product. Put it to proper use,” Damali Ssali noted.
Ms Ssali further asked the participants to join FinTech minded and Tech based groups as these too have a lot of technical resources that are crucial for product success.
She later engaged participants in a question and answer session where teams were allowed to ask questions about Technology, Finance, Marketing, and Fundraising.
The week-long Hackathon, organized by HiPipo in partnership with Crosslake Technologies, Modusbox, Mojaloop and Level One Project, will culminate into the Women in FinTech summit on Friday, October 15th, 2021 where the three top teams will be announced and get to share USD5,000 in prizes in addition to being part of a 90-day Business Incubator Program.
HiPipo is proud to remain one of the continent’s premier advocates for the creation, dissemination and adoption of digital financial services, and we remain highly enthusiastic to provide the ways and means for our innovators to fully develop solutions that will collectively lead millions of our people to better lives and improved livelihoods.
The inaugural Women in FinTech initiative in 2020 exceeded expectations and left no doubt that women are ready to play a starring role in the digital financial services space and can fill the product gap the sector currently contends with.
All the 15 participating teams in 2020 presented excellent ideas, and HiPipo is more than pleased to reveal that it supported three (3) of them to grow into startups, each with a Minimum Viable Product (MVP) that’s ready for the market, which was a success to an extent that they went on to take part in the recently-concluded 40Days 40 FinTechs initiative.