MTN Uganda opened up its Mobile Money API earlier in November to enable innovation and catalyze digital financial services. Mobile money has accelerated financial inclusion and MTN Uganda as the market leader aims to further drive financial inclusion. MTN Uganda during the launch of its open mobile money API announced a UGX 1 Billion Start-up Fund. This fund would provide a financial boost to start-ups that participate in the MTN innovation challenge series.
MTN App Challenge theme is “Build for Digital Payments”
As part of the MTN Open API project, the MTN App Challenge 2018 allows innovators develop applications that enable digital payments in Uganda, with the potential of scaling even beyond Uganda’s borders. Innovators will develop applications that will be rewarded. The theme for the MTN App Challenge is; Build for Digital Payments. However, innovators are supposed to leverage on MTN Uganda’s open mobile money API and integrate it in their third party applications.
Elsa Muzzolini – General Manager Mobile Financial Services – MTN Uganda. After opening up its mobile money API, MTN Uganda embarked on carrying out a series of training sessions for developers on how to use the MTN Open API platform. The next phase is now the App Challenge.
How to register for the MTN App Challenge 2018
Entry into the MTN APP Challenge 2018 is free and the deadline for submissions is 13th January 2019. MTN Uganda will reward the top five winning apps with cash prizes, trips to Innovation centers and conferences. They will also get access to extend the product to selected MTN markets through MTN Partnerships. The winning apps will be awarded at gala ceremony in March 2019 after the judging process has been completed.