MoMo Fintech Lab attracts close to 1K entries from innovators across, applications end on Sept 30

MobileMoney Fintech Ltd has received more than 990 submissions from innovators across Ghana for the 2026 MoMo Fintech Lab, indicating strong interest in developing practical solutions for the country's digital financial services sector. Applications are still open until September 30. The nationwide initiative seeks to identify, mentor, and support innovators in turning technology-driven ideas into practical, commercially viable solutions that tackle daily challenges, broaden financial access, and bolster Ghana's digital economy.

Of the over 990 entries, 56% are focused on Everyday Payments and Financial Access, the largest of the four innovation tracks. Business and Merchant Growth Tools account for 17%, Trust, Security, and Digital Identity represent 15%, and Future of Finance and Connected Ecosystems constitute 12%. The entries are at various stages: 374 (37.8%) are in the concept phase, 341 (34.4%) are at the idea stage, 156 (15.8%) are prototypes, and 119 (12.0%) are minimum viable products (MVPs).

Geographically, Accra accounts for 63% of entries, Kumasi for 26%, and Tamale for 11%. Shaibu Haruna, CEO of MobileMoney Fintech Ltd, expressed encouragement over the response, noting the depth of Ghana's innovative talent and strong desire to create impactful solutions. The program will involve regional bootcamps and hackathons, followed by a mentorship lab and culminate in a National Demo Day where finalists will showcase their solutions and vie for cash awards and support to advance their work.