The National Bank of Bahrain (NBB) has launched the Digital Banking Challenge in partnership with Bahrain FinTech Bay.
The Challenge is open to all Bahraini youth to develop new and creative solutions focused on NBB’s new digital banking app.
In line with Bahrain’s Vision 2030 objectives, the Challenge aims to contribute in “upskilling” Bahraini youth digital capabilities and enable them to explore various emerging tech trends.
The challenge will consist of a boot camp and selection process, followed by a 6-week Digital Incubation period.
During the boot camp, applicants will get the opportunity to understand NBB’s digital outlook.
The incubation period includes three tracks; the Startup Track, NBB Track, and Mentorship Track, where students will be able to develop their ideas further into early-stage startups.
During the incubation period, students will have one-on-one sessions delivered by NBB’s team from several departments including Strategy and Digital Banking, Digital Transformation, IT Team, Product Development, Marketing, Business Development, Sales & Customer Service, and Customer Relations.
Students will also be part of a learning environment at Bahrain FinTech Bay with weekly mentorship sessions led by the FinTech Bay team to support students at different stages of development, gain hands-on experience in building a startup and coming up with a viable solution.
The program will conclude with a demo day event that will award the top 3 best ideas with prize money, Incubation at Bahrain FinTech Bay, and more.