MoneyBag - Hackathon Project









MoneyBag.

During the Innovation Readiness Training as an Innovate For Africa fellow, we worked on Hackathon project which is to solve a major need in the fintech industry.
Together with my team we ideated, and prototyped the Project which resulted in the birthing of MoneyBag.



About the project

MoneyBag is a a mobile app that allows users to Perform all financial transactions across their multiple bank accounts in one place, Avoid the cost of interbank transfer, and Cater to their lifestyle needs.


My Contributions To MoneyBag
As part of the Hackathon team, I contributed by;
  • Researching about the market size and fit of MoneyBag.
  • Researching about the competitive analysis and major company competitors.
  • Contributed in crafting a unique story that resonates with the company's audience.
  • Developing marketing strategies that will suit the startup.
  • Conducting primary research around the product development, by asking potential customers of what they face as a challenge during daily transactions.
  • Drafting out a buyer persona of MoneyBag.
  • Brainstorming with team during ideation, prototyping and pitching.

Pitch Day

We had our pitch on the 13th of January, 2022.
And the judges made comments about our project, and one of the things that was said is, the need for us to reduce some of our project offering so as to avoid overpositioning. And we were told to as well consider the regulations governing the fintech and crypto industry in Nigeria, as one of the feature our product is to have is the integration of crypto wallets to allow our users perform seamless transactions on the mobile app.

You can learn more about our project by going over the Project slides.

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