Innovation Challenge 1

Building an M-Pesa to last and serve generations to come.

Challenge Description

The global financial landscape is evolving rapidly, and M-Pesa, a pioneer in mobile money services, seeks innovative solutions to secure its place at the forefront of this evolution. We invite visionaries, tech enthusiasts, and financial innovators to address the following challenge: Develop groundbreaking innovations to propel M-Pesa into the Next Generation of mobile financial services. Explore novel technologies, strategies, and user experiences that enhance accessibility, security, and utility while maintaining inclusivity for millions of users.

What are the next steps?

• Registration: Interested participants should register for the NextGen M-Pesa Challenge on our platform to receive updates and access submission guidelines.
• Idea Submission: Participants will submit their innovative ideas, along with a detailed proposal, showcasing how their solution addresses the problem statement.
• Review & Selection: Our panel of judges will evaluate all submissions based on the provided criteria.
• Announcement: The selected proposals will be announced, and the winning teams or individuals will be notified.
• Development & Testing: Winners will have the opportunity to collaborate with M-Pesa experts to further develop and test their solutions.
• Implementation: The most promising innovations will be considered for implementation within the M-Pesa ecosystem, with the potential for widespread impact.

Terms and Conditions

• Participants retain ownership of their ideas but agree to collaborate with M-Pesa for further development if selected.
• Submissions must be original work, and participants must have the necessary rights and permissions for any third-party assets used.
• Winning participants may be subject to background checks and will need to comply with legal and security requirements to collaborate with M-Pesa.
• M-Pesa reserves the right to implement or not implement any proposed solutions based on feasibility, scalability, and alignment with its strategic goals.
• By participating, participants agree to adhere to all challenge rules and guidelines.
• Prizes, if any, will be awarded based on the discretion of M-Pesa and may be subject to taxation in accordance with local laws.