Horizon AI Wins Payaza Fintech Hackathon 3.0 with AI-Powered Lending Solution for MSMEs
- Horizon AI won $5,000 for their AI-powered lending solution.
- OGpay, the first runner-up, received $3,000 for their smart PoS system.
- Innospace X developed a voice-controlled banking app called Echopay.
The Payaza Hackathon 3.0 exemplifies the growing innovation in Africa's fintech sector, highlighting the importance of supporting young entrepreneurs in developing solutions that address real-world challenges faced by MSMEs. The integration of AI into financial services not only enhances accessibility but also empowers small businesses to thrive in a competitive landscape. Continued investment in such initiatives is crucial for fostering a sustainable and inclusive economic environment.
