[ 2016-10-28 ]

Stanbic APP Challenge announces winners
Aminu Abdul Manaf, a Level 300 Student of the
University of Health and Allied Sciences, has
emerged the winner of the Stanbic App Challenge.

Aminu won the challenge with the ZEALOUS App, a
fusion of several mini apps, which include a
currency converter, with 171 currencies and live
exchange rates.

The App offers the opportunity to check past rates
and view the trend between two currencies on a
line graph.

It also provides an expense tracker, interest
rates on Treasury Bill Checker and live news from
Ghanaweb.

Aminu walked away with GH¢ 20,000 and an
all-expense paid trip to the e-commerce Africa
Conference in Cape Town, South Africa, in February
2017.

The first runner-ups, Foster Awinti Akugri and
Norris Boateng, who designed the SIKAPONG App,
were awarded GH¢ 7,000. The designers of STANBIC
SAVER came third and won GH¢ 5,000.

The other seven finalists walked away with GH¢
2,000.

The App Challenge, a national mobile app
development competition, forms part of the
Bank’s Corporate Social Responsibility.

It began in March, and it is aimed at engaging
programmers and software teams to create
innovative financial education tools.

Twenty-five financial literacy app prototypes,
built for Android and IOS platforms, were
submitted for the App Challenge.

These apps have various ingenious tools designed
to help people better understand how to manage
their money and achieve their financial goals.

Mawuko Afadzinu, the Head of Marketing and
Communication at Stanbic Bank, said the Bank was,
particularly, concerned about the paucity of
financial literacy in the country.

“One of the major reasons why so many of us in
this part of the world have money issues is
because we don’t understand the principles of
handling and growing money,” Mr Afadzinu said.
“That is why it behoves us at Stanbic Bank to
make sure the understanding and knowledge of the
way we handle money becomes a part of the way we
live”.

Nana Benneh Dwemoh, the head of PBB, Stanbic Bank,
expressed confidence that many creative ideas
presented at the App Challenge would impact a lot
of lives.

“It’s great to have young clever creative
people coming up with such innovative apps to make
lives easier,” he said. “The world today is
moving towards a digitised environment. And
what’s more appropriate than to combine money
with the digital world we now live in.”

Each submission was evaluated and the winners were
determined based on conformity with financial
literacy, creativity and originality of solution,
viability of the concept, and thoroughness of the
submitted materials in compliance with contest
requirements.

The Zealous App was considered to be the most
unique because it has user friendly interface, can
sync across multiple devices, and information from
the App can be converted to pdf and shared.

Users do not need multiple financial apps since it
has several components fused into one.

Source - GNA

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