By: Nana
Appiah Acquaye
Four teams have advanced to
the National Mentorship Lab following the MoMo Fintech Lab Zonal Pitch
Competition held at the Twin Oval Auditorium, University for Development
Studies (UDS) Campus in Tamale.
MoMo Covert, PayitBetta,
MoMoneyo and Adaashi were selected from 12 teams that participated in the
competition, which brought the Northern Zone bootcamp to a close.
The four teams will receive
further guidance at the National Mentorship Lab to refine and strengthen their
solutions.
As part of the engagement,
MoMo Chief Executive Officer Shaibu Haruna, Chief Financial Officer Susan
Yawson and their team paid a courtesy call on the Northern Regional Minister,
Ali Adolf John.
The Minister commended
MoMo’s contribution to advancing financial inclusion but expressed concern
about loan defaults and the potential risks they pose to the business. He
welcomed the MoMo Fintech Lab initiative and pledged his support.
The team also engaged the
Vice-Chancellor of the University for Development Studies, Professor Mohammed
Muniru Iddrisu, who applauded MoMo for creating a platform that promotes
innovation.
He reaffirmed his commitment
to encouraging students to participate in competitions of this nature to test
their knowledge, creativity and potential.
The National Mentorship Lab
is expected to give the four advancing teams an opportunity to further develop
their ideas as they progress from the zonal competition.
