Koree a remporté une victoire majeure pour l’Afrique francophone. Umarked a significant victory for Francophone Africa. Subsequently, this Cameroonian startup secured the top position. It was in the Ecobank Fintech Challenge 2023. Because of this, the achievement highlights Koree’s fintech innovation. Moreover, it etches its name in history. Notably, Koree is the first Cameroonian startup to get this title. Furthermore, it’s the first from Francophone Africa.
The Prestige of the Ecobank Fintech Challenge
The Ecobank Fintech Challenge is renowned for its recognition of cutting-edge fintech solutions, drawing the attention of approx. 1,500 fintechs hailing from 64 countries across Africa and beyond. Koree has earned the $50,000 non-dilutive funding after an impressive showcase in the finals.
Koree's Pioneering Milestones
Central to Koree’s triumph is the pioneering path it has blazed. In this context, Koree proudly stands as the first startup from Cameroon and Central Africa to ever reach the Grand Finale of the Ecobank Fintech Challenge. Notably, This remarkable milestone underscores Koree’s exceptional capabilities. Moreover, it highlights the rapidly growing influence of the fintech landscape within the region.
Breaking Barriers: Magalie Gauze-Sanga's Historic Achievement
Starting off with a historic twist, Magalie Gauze-Sanga, Koree’s founder, becomes the first woman from Francophone Africa to win the Grand Finale. In doing so, her journey embodies the spirit of innovation and leadership. Consequently, she serves as a beacon, inspiring women across the region and beyond.
Koree Joins the Esteemed Ranks
Given that the stakes were high, Koree nonetheless secured the prestigious $50,000 prize and the esteemed title of the Ecobank Fintech Fellowship. In doing so, it joined the ranks of popular companies like TouchandPay, Piggyvest, Nala, and more.
A Reflection of Commitment and Impact
Koree undeniably exemplifies the spirit of innovation, diversity, and empowerment on its journey to the finals. As a result, its impact on the fintech industry and representation on the global stage serve as a beacon, inspiring startups across Africa and the wider world.
Ecobank Group's CEO on the Challenge
Jeremy Awori, Ecobank Group Chief Executive Officer, commented, « This year’s eight finalists undeniably showcase remarkable innovation. Thus, we eagerly anticipate our collaboration. » Expanding on this, he added, « We aim to create groundbreaking products and solutions. Furthermore, partnering with fintechs and the tech ecosystem remains our strategic approach to deliver convenient, affordable services to our customers. »
Future Plans for Koree
Koree’s victory isn’t merely a company achievement. Firstly, it celebrates innovation. Furthermore, it breaks new ground for female entrepreneurs and, most importantly, sets a significant milestone for both Cameroon and Francophone Africa. Magalie Gauze-Sanga is Koree’s visionary founder. She has big dreams for the company. « This prize helps us expand, » Magalie stated. The company will use the funds for business and engineering. They’re also planning an office in Douala, Cameroon. Magalie explained, « We began as a remote team across Cameroon, Ivory Coast, Togo, Nigeria, and Senegal. A Douala office will cement our team’s bond. »lle a discuté de ses projets pour Koree d’établir un bureau dédié à Douala, au Cameroun. Magalie a expliqué : « Nous avons commencé en tant qu’équipe à distance entre le Cameroun, la Côte d’Ivoire, le Togo, le Nigéria et le Sénégal. Finalement, un bureau à Douala renforcera la cohésion de notre équipe. »
