ADVERTISEMENT
  • About
  • Advertise
  • Careers
  • Contact Us
Friday, August 8, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home Economy Fintech

Oluwapelumi Yusuf Emerges Winner of first MoMo Hackathon

by Peter Oluka
October 29, 2023
in Fintech
0
MoMo Hackathon
The presentation of cheque (mock) to Oluwapelumi Yusuf, the winner of MTN MoMo Hackathon

The presentation of cheque (mock) to Oluwapelumi Yusuf, the winner of MTN MoMo Hackathon

UBA
Advertisements

The maiden edition of the MTN MoMo Hackathon in Nigeria has come to an end with Oluwapelumi Yusuf emerging as the winner.

Yusuf won the grand prize of USD 5,000 for inventing Rova Pay which incorporates MoMo APIs with features that transcend payment processing.

Rova Pay offers customers the convenience of making transactions anytime and anywhere using automated USSD, which eliminates the need for internet services and manual code dialling.

The event which was held on Friday, October 27, 2023, at Four Points by Sheraton, Oniru Chieftaincy Estate, Victoria Island, Lagos, attracted tech developers, entrepreneurs, and innovators from various sectors, focused on developing solutions to accelerate financial inclusion and digitization of payments in Africa.

Speaking on the importance of the MoMo Hackathon in the Nigerian fintech industry, Chief Commercial Officer, MoMo PSB, Elsa Muzzolini, commented, “At MoMo, we stand firm in our belief that innovation thrives not just within our brand, but within the collective of stakeholders.

That is why we are equipping developers with the tools and resources necessary to expedite reaching individuals who are excluded from financial access or believe that financial services are not tailored to their needs. Our commitment to fostering financial inclusion is a collaborative effort.

MTN ADS

By making MoMo accessible to innovators across Nigeria, we enable them to leverage its full potential in developing applications that hold the power to transform lives.”

MoMo Hackathon
MTN ADS
The presentation of cheque (mock) to Oluwapelumi Yusuf, the winner of MTN MoMo Hackathon

Oluwapelumi Yusuf, upon receiving his prize, expressed his excitement, sayin;

“I am thrilled and honoured to have won the MoMo Hackathon 2023. My motivation for conceiving this solution was born during my visits to rural communities in Nigeria, where I witnessed the limitations imposed by the need for internet connectivity to access basic applications, particularly for payment purposes. I recognised the need to bridge this gap and support financial inclusion.” 

Oluwapelumi Yusuf was not the only standout participant at the MoMo Hackathon. Marvis Igbokwe partnered with Favour Ajie Divine to develop MoMo Cash, coming in second place with a cash prize of USD 3,000 while Isaac Odinaka Franklin’s solution, Clique Plus Pay, won third place with a cash prize of USD 2,000.

In addition, the top 12 participants received gifts and an invitation to the Pan African grand finale to represent Nigeria in the MoMo Hackathon.

MoMo Hackathon

The hackathon provided a unique opportunity for developers across 14 African countries including Nigeria,  Ghana, Uganda, Ivory Coast, Cameroon, Rwanda, Eswatini, Congo Brazzaville, Guinea Conakry, Zambia, Benin, Liberia, South Africa, and South Sudan to further shape the future of digital finance and empower millions of people with access to comprehensive and life-changing financial services.

MoMo Hackathon continues to be a driving force in the advancement of financial technology, creating opportunities for talented individuals to make a meaningful impact on the industry.

Loading

Author

  • Peter Oluka
    Peter Oluka

    Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

    View all posts
0Shares

MTN ADS
Tags: MoMo Hackathon
Peter Oluka

Peter Oluka

Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

Next Post
Ecobank Nigeria app, Millionaire Geng Promo

Be Cyber Security Conscious, Ecobank Advises Customers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

upskilling and reskilling

Analyst Insight Program: Navigating Upskilling and Reskilling Strategies in the Digital Age

4 years ago

Mastercard Market Trends now available to FIs in Middle East, Africa

3 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.