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This past Saturday, May 6th 2023, leading payment processing services <a href="https://budpay.com/" target="_blank" rel="noopener">BudPay</a> hosted the Nairobi developer community.



The event, themed “FINTECHATHON”, was designed to attract developers eager for chances to demonstrate their coding prowess, discover new technologies, and connect with other developers. 



BudPay’s CEO, Wale Hassan, in his opening remarks, highlighted that the goal was to encourage innovation and creativity by giving developers and fintech enthusiasts access to the company’s technology infrastructure which will allow participants to build applications that can interact with BudPay&#8217;s products and services.&nbsp;



The following themes were focused on at the Fintechathon: Payments, i.e. Instant Payments, Money Transfers, Public Finances, E-commerce, Insurtech and  Fin-edutech. 



The participants delivered captivating pitches, demonstrating their ingenuity and the potential of their technologies to disrupt various industries. The judges assessed the innovativeness and creativity of the approach in resolving a practical issue. 



<figure class="wp-block-image size-full"><img width="3648" height="2736" src="https://technext24.com/wp-content/uploads/2023/05/image-90.png" alt="BudPay targets the startup ecosystem in Nairobi as it eyes East Africa expansion " class="wp-image-192384"/></figure>



The winning pitch was chosen by a team of judges, which included IT enthusiasts, industry experts, and seasoned professionals.  At the end of the Fintechaton, Simba Pay, developed by Mr Gaseema Ndung&#8217;u, took home the $1,000 cash prize as the &#8220;FINTECHATHON&#8221; winner, while  LifeLine, led by Mr David Abolaji Ger and Express Shoppers led by Mr Brian Keya finished second and third, winning $700 and $500 respectively.



Bassey Etimbuk, the company&#8217;s Chief Operating Officer, expressed his excitement at the ideas put forth by the many teams and their commitment to its success during the prize presentation. He also mentioned all winners have access to the company&#8217;s resources to assist in their business growth.



This event contributes to the development of East Africa’s Startup Ecosystem. Kudos to the management, and congratulations on a successful event. 



<a href="https://technext24.com/2023/04/18/microsoft-adc-collaborates-with-kenyans/">Read also: Microsoft ADC Nairobi to introduce AI, UX courses into computer science programs in Kenyan institutions</a>



<h4 id="about-budpay">About BudPay</h4>



BudPay is dedicated to building a modern payment infrastructure that allows businesses and individuals to receive payments globally. 



The company has worked with individuals and businesses across continents to understand their needs, delivering solutions that enabled these businesses to expand into international markets. The team comprises international professionals with over twenty years of experience in the payment industry.



For more information, please contact:



Email: <a href="mailto:hi@budpay.com">hi@budpay.com</a>



Website: <a href="http://www.budpay.com" target="_blank" rel="noopener">www.budpay.com</a>&nbsp;



Twitter: <a href="https://twitter.com/mybudpay" target="_blank" rel="noopener">https://twitter.com/mybudpa</a>y



Instagram: <a href="https://www.instagram.com/mybudpay/" target="_blank" rel="noopener">https://www.instagram.com/mybudpay/</a>



Facebook: <a href="https://www.facebook.com/MyBudPay/" target="_blank" rel="noopener">https://www.facebook.com/MyBudPay/</a>&nbsp;

BudPay targets the startup ecosystem in Nairobi as it eyes East Africa expansion

Technext.ng

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