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NIC announces Fintech Hackathon 2022

Techx Editor by Techx Editor
August 6, 2022
in News, Technology
Reading Time: 2 mins read
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NIC announces Fintech Hackathon 2022

The National Incubation Center (NIC), the first and largest incubator in Pakistan, is partnering with Allied Bank (ABL), one of the country’s biggest banks, to hold yet another amazing FinTech Hackathon. You have the opportunity to compete for PKR 1 million in prize money if you are an expert programmer, UI/UX designer, or problem-solver with a love for fintech.

Hackathons are a fantastic approach to getting the community involved in solving the micro and macroeconomic issues facing the nation. The NIC has partnered with other organizations to concentrate on a few important economic sectors. To transform Pakistan’s fintech industry, we are teaming up once more with Allied Bank.

“Allied Bank has always been on the forefront of Innovation, and this FinTech Hackathon is another step in the same direction, bringing Pakistan’s brightest minds together to overcome the current challenges in the digital financial industry. Hence, collaborative efforts are required in providing solutions for financial inclusion and empowering the SME, Retail and Consumer segments.” Allied Bank CEO Aizid Razzaq Gill

This event’s goal is to identify workable new concepts, prototypes, and solutions to problems in the Fin-Tech sector. The NIC and ABL want to identify innovative ideas that would revolutionize fintech not just in Pakistan but also globally through this hackathon.

“It fills my heart with pride to see stakeholders in various capacities joining hands with the National Incubation Center in its humble attempt to encourage innovation and build disruptive solutions. Indeed, collaboration is the way forward and the success of events like this proves the power of partnerships in building the ecosystem.”  Pervaz Abbasi, Director NIC

To read our blog on “Jazz SDG Hackathon 2019 Concludes” click here.

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