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Welcome to the

DataHack for Financial Inclusion Season 2

insight2impact’s DataHack for Financial Inclusion (DataHack4FI) is an African innovation competition that encourages finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities.

Enter Season 2 of the competition if you from Ghana, Kenya, Rwanda, Tanzania, Uganda or Zambia and either:

- An existing fintech (or other tech company that collects data – e.g. agtech/edtech/health-tech business) or
- A data scientist (established or emerging)

Entries are open, and the finals will take place in Kigali in May 2018, where the winning solution will be awarded US$ 25,000!

View Season 1
DataHack4Fi Final Highlights - Rwanda

Schedules and Finalists

View the lists of finalists for both data scientists, and fintechs for your country, select your country on the left panel.

Schedules and Finalists

Uganda, Kampala

Timeline

In Uganda, the timeline and activities are below. All in-person events will occur at Innovation Village. If you are not based in Kampala, we will skype you into sessions.

Datahack4FI, Uganda, Application deadline

Application deadline

January 26, 2018

Application deadline for data scientists

Datahack4FI, Uganda, Application deadline

Accepted data scientists

February 2, 2018

Accepted data scientists notified

Datahack4FI, Uganda, Application deadline

Meet-up 1

February 15, 2018

Pairing of the expert data scientists to the accepted fintechs

Datahack4FI, Uganda, Application deadline

Meet-up 2

March 8, 2018

Teams introduce themselves and share project idea

Datahack4FI, Uganda, Application deadline

Ugandan Finale

April 19, 2018

Fintechs share their developed solutions

Datahack4FI, Uganda, Application deadline

Grand Finale

May 7, 2018

Ugandan winner invited to day of sharing solutions and networking amongst i2i partners and other country finalists

Data scientists finalists

We are looking for expert data scientists to support and advise the fintechs on how to make better use of their data so that they can overcome the business challenges they are facing in serving low income customers. Applications could include; alternative data based credit scoring, data-driven customer segmentation etc.

Katto Dickson

  • Katto Dickson

Vitalis-Asiku

  • Vitalis Asiku

Edward Kashegu

  • Edward Kashegu

Kenneth-Legesi

  • Kenneth Legesi

Steven Ntambi

  • Steven Ntambi

Musisi-Brian

  • Musisi Brian

Nelson-Mulera-Mugisha

  • Nelson Mulera Mugisha

Otim Samuel

  • Otim Samuel

Sophie Nanteza

  • Sophie Nanteza

Fintech finalists

MOQUID Moquid
True African True African
Ezeemoney Ezeemoney
Sula Sula Pay
Mobicore Mobicore
Mambopay Mambopay
Mambopay NFT Consult
Akello banker Akello banker
Future Link Technologies Future Link Technologies

About Datahack4FI

The DataHack4FI is an annual innovation competition that promotes evidence-based decision-making for improved financial service provision to low-income individuals. The competition is targeting established fintech’s and pairs them with expert data scientists to unlock the potential of the fintech’s internal data. Fintech’s accepted to the competition receive specialised support from their paired expert data scientist to address business and data challenges they are currently facing in efficiently serving underserved customers.

Season 1 focused on supporting entrepreneurs in brainstorming and developing new solutions for expanding access to financial services in the low-income space and ran from October 2016 to May 2017. The initiative took place in seven countries (Ghana, Kenya, Mozambique, Rwanda, Senegal, Uganda and Zambia) and involved over 200 participants, from 58 different teams.

Who is behind it?

There are three partners behind the DataHack4FI competition in Uganda; insight2impact (i2i), Financial Sector Deepening Uganda (FSDU) and Innovation Village. i2i is a five-year program funded by the Bill & Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion. FSDU is a non-profit funded by DFID seeking to develop a more inclusive financial sector with a focus on low-income individuals and Micro, Small and Medium Enterprises (MSMEs). Innovation Village is innovation hub in Kampala promoting new technologies, businesses, products, services and start-ups in Africa.

What do we aim to achieve?

The objectives for the DataHack4FI can be summarised as follows:

- To develop data solutions in financial service provision that benefit the unserved and underserved
- To strengthen the data science and innovation abilities of individuals within the fintech
- To convene innovation hubs, fintechs, expert data scientists and other development partners to build ecosystems that further stimulate and support the use of data for financial inclusion

Partners

The DataHack4FI competition is an insight2impact (i2i) initiative, i2i is a five-year program funded by the Bill & Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

Innovation_village Innovation village
FSDU FSDU
UKAID UKAID
Pegasus technologies Liquid telecom

Schedules and Finalists

Ghana, Accra

Timeline

Every Saturday from 9 February until 4 May 2018: Data Expert office hours at MEST – participating teams can engage the data expert for one-on-one mentoring and advice during their work. Between 9:30 AM and 12 PM.

Each event is 5:30-8PM. Representatives of financial service providers, established fintechs or other interested parties are very welcome to join all events from 28 February on. Please contact ashwin@meltwater.org to be added to the mailing list for up-to-date information about the events.

Datahack4FI, Uganda, Application deadline

Meetup 1

February 1, 2018

Introduction to Financial Inclusion and the DataHack4FI process

Datahack4FI, Uganda, Application deadline

Meetup 2

February 28, 2018

Work done so far and the road ahead – where in the development process are you?

Datahack4FI, Uganda, Application deadline

Meet-up 3

March 28, 2018

Data debrief and mock pitches

Datahack4FI, Uganda, Application deadline

In-Country Finale

April 10, 2018

Participating teams present their solutions to a panel of judges.

Datahack4FI, Uganda, Application deadline

Grand Finale

May 7, 2018

In-country winner invited to a Pan-African finale of pitching to an international panel of judges

Data scientists finalists

We are looking for expert data scientists to support and advise the fintechs on how to make better use of their data so that they can overcome the business challenges they are facing in serving low income customers. Applications could include; alternative data based credit scoring, data-driven customer segmentation etc.

Dexter Ouattara

  • Dexter Ouattara

Gabriel Addai Duah

  • Gabriel Addai Duah

Precious-Okafor

  • Precious Okafor

Tshepo Morabane

  • Tshepo Morabane

Samuel Mensah

  • Samuel Mensah

Stanley Elorm Ativor

  • Stanley Elorm Ativor

Terrence-Owusu

  • Terrence Owusu

Fintech finalists

InvestED, PBC InvestED, PBC
Invest XD Invest XD
AgricConnect AgricConnect
trotrotractor TROTRO Tractor
Inclusive FT Inclusive FT
PEG Africa PEG Africa

About Datahack4FI

Insight2impact’s DataHack for Financial Inclusion (DataHack4FI) is an African innovation competition that encourages finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities. The competition promotes evidence-based decision-making for improved financial service provision to low-income individuals.

The competition pairs data scientists with existing fintechs. Fintechs accepted to the competition receive specialised support from their paired expert data scientist to address business and data challenges they are currently facing in efficiently serving underserved customers.

Season 1 focused on supporting entrepreneurs in brainstorming and developing new solutions for expanding access to financial services in the low-income space and ran from October 2016 to May 2017. The initiative took place in seven countries and involved over 200 participants, from 58 different teams. Season 2 of the competition will see data scientists and fintechs from Ghana, Kenya, Rwanda, Tanzania, Uganda and Zambia collaborate, compete and ultimately one will win the prize.

Who is behind it?

i2i is a five-year program funded by the Bill and Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

The Meltwater Entrepreneurial School for Technology (MEST) is a Pan-African entrepreneurial training programme, incubator and seed fund. MEST was developed in Accra in 2008, by Jorn Lyseggen, CEO of the Meltwater Group. He believes that talent is everywhere, although opportunity is not, and that with the right support and guidance, aspiring entrepreneurs can achieve great things.

In Accra, MEST offers aspiring entrepreneurs a fully sponsored, intensive 12-month graduate-level training programme. So-called Entrepreneurs in Training (EITs) are sourced from top graduates in Ghana, Nigeria, Kenya, South Africa and Côte d’Ivoire. Upon graduating, the Meltwater Foundation (the not-for-profit arm of Meltwater), provides seed funding to selected graduating teams. These new portfolio companies then cross over into MEST’s incubator, where they receive extensive full-time support and access to resources. MEST is expanding their Pan-African footprint, with incubators in Lagos and Cape Town and expansion underway in Nairobi and Johannesburg.

What do we aim to achieve?

The objectives for the DataHack4FI can be summarised as follows:

- To develop data solutions in financial service provision that benefit the unserved and underserved
- To strengthen the data science and innovation abilities of individuals within the fintech
- To convene innovation hubs, fintechs, expert data scientists and other development partners to build ecosystems that further stimulate and support the use of data for financial inclusion

What role are we looking for the expert data scientists to play?

We are looking for expert data scientists to support and advise the fintech companies on how to make better use of their data, so that they can overcome the business challenges they are facing in serving low income customers. Applications could include alternative data based credit scoring and data-driven customer segmentation.

Partners

The DataHack4FI competition is an insight2impact (i2i) initiative, i2i is a five-year program funded by the Bill & Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

Meltwater Entrepreneurial School of Technology (MEST) Meltwater Entrepreneurial School of Technology (MEST)

Schedules and Finalists

Kenya, Nairobi

Timeline

Datahack4FI, Uganda, Application deadline

Applications

February 21, 2018

Application deadline

Datahack4FI, Uganda, Application deadline

Meetup 1

February 22, 2018

Pairing of the expert data scientists to the accepted fintechs

Datahack4FI, Uganda, Application deadline

Meet-up 2

March 24, 2018

Teams introduce themselves and share project ideas

Datahack4FI, Uganda, Application deadline

In-Country Finale

April 17, 2018

Fintechs share their developed solutions

Datahack4FI, Uganda, Application deadline

Grand Finale

May 7, 2018

Country winner invited to day of sharing solutions and networking amongst i2i partners and other country finalists in Kigali

Data scientists finalists

We are looking for expert data scientists to support and advise the fintechs on how to make better use of their data so that they can overcome the business challenges they are facing in serving low income customers. Applications could include; alternative data based credit scoring, data-driven customer segmentation etc.

Chris Orwa

  • Chris Orwa

Timothy Oriedo

  • Timothy Oriedo

Andrew Kenana

  • Andrew Kenana

Elvis Bando

  • Elvis Bando

Muthoni Wanyoike

  • Muthoni Wanyoike

Kathleen Siminyu

  • Kathleen Siminyu

Sam Kamande

  • Sam Kamande

Moses Thiga

  • Moses Thiga

Kenneth Kinyanjui

  • Kenneth Kinyanjui

Ciira Maina

  • Ciira Maina

Fintech finalists

Apps Lab Apps:Lab Co
Asilimia Asilimia
Data Integrated Limited Data Integrated Limited
Finplus Finplus
KopoKopo KopoKopo
MFI MFI
Leap2 Leap2
Nakala Nakala
Pawame Pawame
Pezesha Pezesha
Superfluid Superfluid
WazInsure WazInsure

About Datahack4FI

Insight2impact’s DataHack for Financial Inclusion (DataHack4FI) is an African innovation competition that encourages finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities. The competition promotes evidence-based decision-making for improved financial service provision to low-income individuals.

The competition pairs data scientists with existing fintechs. Fintechs accepted to the competition receive specialised support from their paired expert data scientist to address business and data challenges they are currently facing in efficiently serving underserved customers.

Season 1 focused on supporting entrepreneurs in brainstorming and developing new solutions for expanding access to financial services in the low-income space and ran from October 2016 to May 2017. The initiative took place in seven countries and involved over 200 participants, from 58 different teams. Season 2 of the competition will see data scientists and fintechs from Ghana, Kenya, Rwanda, Tanzania, Uganda and Zambia collaborate, compete and ultimately one will win the prize.

Who is behind it?

Nairobi-Garage
FSDK
Liquid Telecom

i2i is a five-year program funded by the Bill and Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

What do we aim to achieve?

The objectives for the DataHack4FI can be summarised as follows:

- To develop data solutions in financial service provision that benefit the unserved and underserved
- To strengthen the data science and innovation abilities of individuals within the fintech
- To convene innovation hubs, fintechs, expert data scientists and other development partners to build ecosystems that further stimulate and support the use of data for financial inclusion

What role are we looking for the expert data scientists to play?

We are looking for expert data scientists to support and advise the fintech companies on how to make better use of their data, so that they can overcome the business challenges they are facing in serving low income customers. Applications could include alternative data based credit scoring and data-driven customer segmentation.

Partners

The DataHack4FI competition is an insight2impact (i2i) initiative, i2i is a five-year program funded by the Bill & Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

Nairobi Garage Nairobi Garage
FSD Kenya FSD Kenya
Liquid Telecom Liquid Telecom
predictive analytics Predictive Analytics
Microdrone Microdrone

Schedules and Finalists

Zambia, Lusaka

Timeline

Venue for all meetups will be BongoHive, Thabo Mbeki Road, Lusaka, except the Finale which will be held at Radisson Blu

Datahack4FI, Uganda, Application deadline

Application

February 16, 2018

Application deadline for Zambia

Datahack4FI, Uganda, Application deadline

Accepted data scientists

February 23, 2018

Accepted data scientists notified

Datahack4FI, Uganda, Application deadline

Meet-up 1

February 28, 2018

Pairing of the expert data scientists to the accepted fintechs

Datahack4FI, Uganda, Application deadline

Meet-up 2

March 7, 2018

Teams introduce themselves and share project idea

Datahack4FI, Uganda, Application deadline

Zambia Finale

April 25, 2018

Fintechs share their developed solutions

Datahack4FI, Zambia, Application deadline

Grand Finale

May 7, 2018

Zambia winner invited to day of sharing solutions and networking amongst i2i partners and other country finalists

Data scientists finalists

Adewale Akinfaderin

  • Adewale Akinfaderin

Chansa Kabwe

  • Chansa Kabwe

Ciira Maina

  • Ciira Maina

Judy Wawira Gichoya

  • Judy Wawira Gichoya

Kateula Sichalwe

  • Kateula Sichalwe

Moses Mwangi

  • Moses Mwangi

Peter Erskine

  • Peter Erskine

Fintech finalists

Affordit Affordit Loans
Avencion Group Avencion Group
Broadpay Zambia Broadpay Zambia
trotrotractor Outsource Now
ProBASE Limited ProBASE Limited
Virtual Doctors Virtual Doctors
Zambian Pawn Zambian Pawn

About Datahack4FI

Insight2impact’s DataHack for Financial Inclusion (DataHack4FI) is an African innovation competition that encourages finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities. The competition promotes evidence-based decision-making for improved financial service provision to low-income individuals.

The competition pairs data scientists with existing fintechs. Fintechs accepted to the competition receive specialised support from their paired expert data scientist to address business and data challenges they are currently facing in efficiently serving underserved customers.

Season 1 focused on supporting entrepreneurs in brainstorming and developing new solutions for expanding access to financial services in the low-income space and ran from October 2016 to May 2017. The initiative took place in seven countries and involved over 200 participants, from 58 different teams. Season 2 of the competition will see data scientists and fintechs from Ghana, Kenya, Rwanda, Tanzania, Uganda and Zambia collaborate, compete and ultimately one will win the prize.

Who is behind it?

bongohive

BongoHive is Zambia’s first technology and innovation hub. Established in May 2011 and based in Lusaka, the co-founders, all enthusiastic programmers, sought to address the gaps they experienced working within the local technology industry leading to a lack of coordination, skills exposure and productivity. BongoHive has evolved to assist scalable startups of any background by enhancing skills, accelerating growth, strengthening networks, increasing collaboration, providing a forum for ideas exchange and reducing the barriers to entrepreneurship.

FSDK

Financial Sector Deepening Zambia (FSDZ) is a national nonprofit company providing information, innovation, and impact to increase financial inclusion. We seek to expand and deepen the financial market so all Zambians can benefit from financial services. We work with financial service providers, policy makers and civil society to make Zambia’s financial sector more robust, efficient and, above all, inclusive. FSDZ enjoys the active support of financing partners UK Aid and Swedish Sida. FSDZ is part of a network of nine financial inclusion organisations working throughout Africa. The network works together to avoid redundancies by sharing learnings and research across borders.

Liquid Telecom

Liquid Telecom is the leading independent data, voice and IP provider in eastern, central and southern Africa. It supplies fibre optic, satellite and international carrier services to Africa's largest mobile network operators, ISPs and businesses of all sizes. It also provides payment solutions to financial institutions and retailers, as well as award winning data storage and communication solutions to businesses across Africa and beyond. Put simply, we connect people.


i2i is a five-year program funded by the Bill and Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

What do we aim to achieve?

The objectives for the DataHack4FI can be summarised as follows:

- To develop data solutions in financial service provision that benefit the unserved and underserved
- To strengthen the data science and innovation abilities of individuals within the fintech
- To convene innovation hubs, fintechs, expert data scientists and other development partners to build ecosystems that further stimulate and support the use of data for financial inclusion

What role are we looking for the expert data scientists to play?

We are looking for expert data scientists to support and advise the fintech companies on how to make better use of their data, so that they can overcome the business challenges they are facing in serving low income customers. Applications could include alternative data based credit scoring and data-driven customer segmentation.

Partners

The DataHack4FI competition is an insight2impact (i2i) initiative, i2i is a five-year program funded by the Bill & Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

Bongo hive BongoHive
FSDZ Financial Sector Deepening Zambia (FSDZ)
Liquid Telecom Liquid Telecom

Schedules and Finalists

Rwanda, Kigali

Timeline

The launching tookplace at Ubumwe Grand Hotel, KN 67 St and the rest of Meet-ups happen at kLab, Telecom House - 6th Floor, 8 KG 7 Ave, Kigali.

Rwanda, Kigali Application deadline

Application

January 25, 2018

Application deadline for Rwanda, Kigali

Datahack4FI, Rwanda, Kigali

Launch

January 25, 2018

Launching the Datahack4Fi Season2 Program

Datahack4FI, Rwanda, Kigali

Meet-up 1

February 24, 2018

Pairing of the expert data scientists to the accepted fintechs (Introduction of the concept and kick off the program Two weeks of taking Moocs)

Datahack4FI, Rwanda, Kigali

Meet-up 2

March 15, 2018

Teams introduce themselves & share project idea (with FSPs and other stakeholders)

Datahack4FI, Rwanda, Kigali

Rwanda Finale

April 18, 2018

Final Pitch - Official launch of Data Science Fellowship

Datahack4FI, Rwanda, Kigali

Grand Finale

May 7, 2018

Rwanda winner invited to day of sharing solutions and networking amongst i2i partners and other country finalists

Data scientists finalists

Davy K. Uwizera

  • Davy K. Uwizera

Paul Buchana

  • Paul Buchana

Moses Mbabaali

  • Moses Mbabaali

Amir Mugarura

  • Amir Mugarura

Philip N. Sendi

  • Philip N. Sendi

Fintech finalists

AICOS AICOS
Exuus Exuus
GO GO
Milsport Milsport
Impressive Ltd Impressive Ltd
Ingenzi Ingenzi
subpay Subpay
uplus Uplus
1000 Hills Electrical 1000 Hills Electrical

About Datahack4FI

Insight2impact’s DataHack for Financial Inclusion (DataHack4FI) is an African innovation competition that encourages finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities. The competition promotes evidence-based decision-making for improved financial service provision to low-income individuals.

The competition pairs data scientists with existing fintechs. Fintechs accepted to the competition receive specialised support from their paired expert data scientist to address business and data challenges they are currently facing in efficiently serving underserved customers.

Season 1 focused on supporting entrepreneurs in brainstorming and developing new solutions for expanding access to financial services in the low-income space and ran from October 2016 to May 2017. The initiative took place in seven countries and involved over 200 participants, from 58 different teams. Season 2 of the competition will see data scientists and fintechs from Ghana, Kenya, Rwanda, Tanzania, Uganda and Zambia collaborate, compete and ultimately one will win the prize.

Who is behind it?

i2i is a five-year program funded by the Bill and Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

ICT_Chamber
k_lab
Liquid Telecom
AFR
ibave

i2i is a five-year program funded by the Bill and Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

What do we aim to achieve?

The objectives for the DataHack4FI can be summarised as follows:

- To develop data solutions in financial service provision that benefit the unserved and underserved
- To strengthen the data science and innovation abilities of individuals within the fintech
- To convene innovation hubs, fintechs, expert data scientists and other development partners to build ecosystems that further stimulate and support the use of data for financial inclusion

What role are we looking for the expert data scientists to play?

We are looking for expert data scientists to support and advise the fintech companies on how to make better use of their data, so that they can overcome the business challenges they are facing in serving low income customers. Applications could include alternative data based credit scoring and data-driven customer segmentation.

Partners

The DataHack4FI competition is an insight2impact (i2i) initiative, i2i is a five-year program funded by the Bill & Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

AFR AFR - Access to Finance Rwanda
Ibaze Ibaze - Applied Research Labs
ICT Chamber ICT Chamber
liquidtelecom Liquid Telecom

Schedules and Finalists

Tanzania, Dar es Salaam

Timeline

Tanzania, Dar es Salaam

Application deadline

Application deadline for Tanzania, Dar es Salaam

Tanzania, Dar es Salaam

Meet-up 1

Pairing of the expert data scientists to the accepted fintechs

Tanzania, Dar es Salaam

Meet-up 2

March 23, 2018

Teams introduce themselves & share project idea

Tanzania, Dar es Salaam

In country final

April 19, 2018

Fintechs share their developed solutions

Tanzania, Dar es Salaam

Grand Finale

May 7, 2018

Country winner invited to day of sharing solutions and networking amongst i2i partners and other country finalists in Kigali on 7 May 2018

Data scientists finalists

Anthony-Auffret

  • Anthony Auffret

Chika Obuah

  • Chika Obuah

Kabeleka

  • Kabeleka

Nathi-Ndlovu

  • Nathi Ndlovu

Rahim Abbas Kiobya

  • Rahim Abbas

Wasiwasi

  • Wasiwasi

Fintech finalists

A-Trader A-Trader
bizfundi BizFundi
Credit info Credit info
CYTRONE-PAY Cytrone
Jodari Creatives Systems Jodari Creatives Systems
Kalen Limited Kalen Limited
Safari Wallet Safari Wallet

About Datahack4FI

Insight2impact’s DataHack for Financial Inclusion (DataHack4FI) is an African innovation competition that encourages finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities. The competition promotes evidence-based decision-making for improved financial service provision to low-income individuals.

The competition pairs data scientists with existing fintechs. Fintechs accepted to the competition receive specialised support from their paired expert data scientist to address business and data challenges they are currently facing in efficiently serving underserved customers.

Season 1 focused on supporting entrepreneurs in brainstorming and developing new solutions for expanding access to financial services in the low-income space and ran from October 2016 to May 2017. The initiative took place in seven countries and involved over 200 participants, from 58 different teams. Season 2 of the competition will see data scientists and fintechs from Ghana, Kenya, Rwanda, Tanzania, Uganda and Zambia collaborate, compete and ultimately one will win the prize.

Who is behind it?

i2i is a five-year program funded by the Bill and Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

FSDT
Kryola
raha

i2i is a five-year program funded by the Bill and Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

What do we aim to achieve?

The objectives for the DataHack4FI can be summarised as follows:

- To develop data solutions in financial service provision that benefit the unserved and underserved
- To strengthen the data science and innovation abilities of individuals within the fintech
- To convene innovation hubs, fintechs, expert data scientists and other development partners to build ecosystems that further stimulate and support the use of data for financial inclusion

What role are we looking for the expert data scientists to play?

We are looking for expert data scientists to support and advise the fintech companies on how to make better use of their data, so that they can overcome the business challenges they are facing in serving low income customers. Applications could include alternative data based credit scoring and data-driven customer segmentation.

Partners

The DataHack4FI competition is an insight2impact (i2i) initiative, i2i is a five-year program funded by the Bill & Melinda Gates Foundation and the MasterCard Foundation with the aim of unleashing the power of data for financial inclusion.

FSDT FSDT - Financial sector deepening trust
Kryola Kryola
raha RAHA
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DataHack4FI

Frequently asked questions

Competition format

Q.How does DataHack4FI differ from other competitions?

There is no traditional hackathon planned for a specific day or weekend. Teams will contribute their own data and will have a few months to work with a data fellow and explore how that data can be used to develop a new product/solution that has a financial inclusion element.

Q.How does Season 2 differ from the Season 1 competition?

DataHack4FI Season 2 won’t follow a traditional hackathon format. Instead of informal teams being presented with the same set of data to analyse, this year we are encouraging existing tech companies to take a fresh look at the data they are already collecting by partnering with a data science fellow (a young data enthusiast). We believe that through analysis of this data it may be possible to develop new solutions to address the financial needs of low-income communities (particularly women and youth).

Q.When does the competition start and end?

The grand finals will be held in May 2018 but the launch date, deadline for entry and in-country competition finals differ for each country. Please check your country page for these details.

Q.When (and where) are the meet-ups?

Meet-ups will be held on different dates in each of the six countries. Once you have signed up to participate, the innovation hub partner in each country will be in touch with you about these and generally, the meet-ups will be held at their offices. There will be three webinars that are open to everybody. You will get an email inviting you to join the webinar.

Q.What are the judging criteria?

Solutions will be scored on a number of factors, including whether it:

  • Addresses financial inclusion challenges in Africa
  • Demonstrates how data and analytics were used
  • Shows how customers would benefit from using it
  • Has been developed in a way that enabled capacity building for young people involved in the process
  • Ideally benefits women and/or youth (this is not mandatory)



  • Eligibility and entry requirements


    Q.How do I know whether I am eligible to enter?

    Each application to enter will be individually assessed. We are looking for the following:

    Tech innovators
    Existing companies that have already launched a product, have customers and are collecting data. The companies should either have an employee/team member that is capable of doing data analysis or they should be willing to work with a data scientist fellow. The company should have an interest in exploring solutions related to financial inclusion. For other criteria, see the questions asked during the registration process.

    Data science fellows
    These data enthusiasts should either have a relevant qualification (e.g. programming, statistics, maths, etc) or some experience in data analytics or data science. The fellows will be mentored by more experienced data scientists. Applicants should be willing to partner with a tech innovator for the duration of the competition to analyse its data and develop a solution.

    Q.How many people can participate in a team?

    As we are working with existing tech companies, the company can include as many of its staff members (or founding members) as it requires.

    Q.If I don’t have a team can I enter by myself?

    Yes, if you have an existing tech company that has already launched a product and has customers or users of the product.

    Q.When is the deadline for entry?

    The date will be confirmed soon. Please check your country’s Meetup link for more information.

    Q.My country isn’t listed, can I enter?

    As the competition runs over a number of months, requiring numerous in-person meet-ups, we are only able to accommodate entries from these six countries at the moment. You are welcome to send an email to nicola@i2ifacility.org, letting us know why you think your country should be included next time.

    Q.I have an idea for a product but haven’t launched it yet, can I enter?

    No, unfortunately we are looking for registered companies that are already collecting data.


    Data requirements and data sharing


    Q.Do I need to share my data with everyone?

    If you are using the data collected by your tech company, that data itself will only be shared with the data fellow (and possibly a data scientist who is mentoring the fellow). You can ask them to sign a non-disclosure agreement (NDA). When you are pitching your solution, you will present the use case and possibly some examples, but don’t need to share the raw data.

    Q.How do I know if my tech company has enough data?

    It is difficult to offer a number/fixed volume, but you need to have enough data to enable the data fellow to draw meaningful insights into a particular community/group of people.

    Q.What kind of data is applicable?

    Any data that you are collecting and are able to use to gain insights about low-income consumers and the products or services that would be beneficial to them.

    Q.My data isn’t related to financial services, how can it be used to improve financial inclusion?

    If you are collecting information on the demographics, behaviour or consumption patterns of people who are typically underserved by the financial sector (e.g. those living in rural areas, youth, women, self-employed or informally employed) it is possible that information could be valuable in enabling financial service providers better understand the challenges people face or the products that would appeal to them.

    Need another question answered?

    Datahack4FI

    Partners

    The Datahack4FI is open to partnerships and sponsorships. These partnerships provide us with venues, snacks, prizes, drinks, stationery and other resources that make a hackathon possible.

    • Liquid
    • MEST
    • ICT
    • innovation village
    • Bongohive
    • MM4P
    • fsdu
    • image description
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    DataHack4FI Season 1

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    News from i2ifacility

    Latest news & blogs

    Here are the latest DataHack4FI news and blog posts. Visit our website to see other i2i content.

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    In 2016, insight2Impact implemented the first DataHack4FI innovation competition. The key objective was to create a platform for finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities.

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