The First City Momentum Bank (FCMB) has announced that over 2,000 programmers have signed up for its hackathon in just a week.
In a statement, it stated that the high enrolment numbers showed the programme’s broad appeal among techies and confirmed the bank’s commitment and its parent company, the FCMB Group, to nurturing innovation at scale.
“It is a partnership for good. The 50-hour virtual hackathon is set to harness the power of FCMB APIs in advancing open banking initiatives. It will unite a diverse group of tech enthusiasts to collaboratively construct proofs of concept and minimum viable products (MVPs) aimed at solving a specific, predefined challenge.”
It said the hackathon is different as it had the capacity to serve as a dynamic platform for over 2,000 tech enthusiasts, “including developers, engineers, students, designers, idea generators, and other stakeholders in the tech ecosystem.
“Together, they will craft sustainable innovations and projects to address real-world business challenges and social problems.”
It said participants would not only unveil their inventive concepts but also put their technical skills to the test fashioning digital solutions while vying for attractive rewards.
“The most outstanding teams will claim cash prizes and valuable items, earning recognition for their ground-breaking solutions.”