Menu

0Comments

Kuzimba Services Emerges Winner At Women In Fintech Summit, 2021

The Women in Fintech Summit attracted a host of entreprenuers who grappled with solutions to moder day problems.

Advertisement

Kuzimba Services Emerges Winner At Women In Fintech Summit, 2021

Kuzimba Services, providers of engineering solutions, were declared winners after shrugging off tough competition for the top prize at the Women in Fintech Summit 2021. Organised by HiPipo in partnership with Crosslake Technologies, Modusbox, Mojaloop, and Level One Project, this event was held at Mestil Hotel Nsambya, in Kampala.

Kuzimba Services beat off 15 other teams after its solution, an online web application that aids estate, site or home building by providing fast engineering solutions and online purchases of building materials, was voted best out of the 16 solutions that took part in the hackathon.

The firm bagged $1,500 and will participate in the inaugural 90-day Women-in-Fintech incubator programme designed to further concretise its product development and business acumen. The Kuzimba Services Business Store Manager, Ephrance Eunice Namugenyi said the app enables people to access building materials of their choice online and have them delivered at their construction sites without them having to move physically.

The firm also provides access to building experts, carpenters, architects, interior designers, cleaners, engineers and travel insurance, among others. The other five teams that made it to the top six were Hack Girls, Pesajet, Green Shares, Mpampe and Farmers Financial Development Avenues, in the second, third, fourth, fifth and sixth positions, respectively.

Advertisement

Hack Girls walked away with $950, while the rest of the teams bagged about $300 each. They will all participate in and 90-day Women-in-Fintech incubator programme.

Organised under the theme Fostering Leadership, Innovation And Championing Women Empowerment, the hackathon provided networking opportunities for female developers and mentorship from industry players and business leaders. The Hipipo CEO, Innocent Kawooya said that “Through the hackathon and summit, they seek to play a role in closing the gender gap and ensure that more women are included in the digital innovation space.” In addition, Kawooya said they seek to support women to understand what it entails to innovate digitally to create inclusive digital solutions and technologies that support and help populations at the bottom of the pyramid to get financially included.

Most of the solutions the teams provided were good prescriptions to real challenges afflicting sectors such as agriculture, education, payments, and remittances among others.

The HiPipo COO, Nicholas Kalungi said they “seek to build an economy that includes and benefits everyone.” Over 42 applications were received to participate in the hackathon, but only 16 were shortlisted. To participate, teams had to be led by women, with each team having at least 75 per cent female composition.

Advertisement

Do you have a story that you think would interest our readers? write to us editorial@cioafrica.co

Advertisement