NBB Digital Banking Challenge

Future of Digital Banking

In Strategic Partnership with the National Bank of Bahrain and Bahrain FinTech Bay

An amazing journey from the start that enhanced our soft skills and gave us a wider perspective of operations that take place in the banking/fintech industry.

Active Zone, 2021 Second Place Winner

The challenge

Are you a young innovator eager to help transform the future of digital banking?

Join us for the second edition of the NBB Digital Banking Challenge, held in strategic partnership with the National Bank of Bahrain and Bahrain FinTech Bay. This year, we're diving deep into the future of digital banking, empowering youth to drive innovation in digital banking.

The challenge will be divided into three phases:

PHASE 1

Oct 3 - Nov 7

Application period

You have the option to apply individually or as a team. If you apply individually, you will be grouped into teams before the bootcamp starts. Teams will be carefully curated based on participants' skillsets to foster collaborative solution development during the incubation period.

Nov 22 - 23

Bootcamp

Dec 1 - 5

Top teams selection

During the 2-day bootcamp, which will occur over a weekend, teams will engage with NBB's key teams through immersive sessions.

Following the bootcamp, teams will submit a short video pitching their proposed solutions. The NBB and BFB teams will select the teams that will move forward.

Objective: Develop innovative solutions that align with NBB’s sustainability pillars, driving the bank’s digital transformation journey forward.

PHASE 2

Dec 8 - Jan 16 | 6-week Incubation Period

Shortlisted teams will be guided to further develop their ideas and build a strong pitch deck to be presented at the Demo Day. This phase will consist of three tracks: the entrepreneurship track, the NBB track, and the mentorship track.

The entrepreneurship track: Sessions designed to educate and guide participants at the early stages of developing their business idea.

The NBB track: group sessions and one-on-one meetings with NBB mentors.

The mentorship track: Weekly one-on-one sessions and pitch practice with the BFB team.

PHASE 3

Jan 28 | Demo Day

The teams will deliver their final proposal pitches and showcase working product prototypes to NBB's panel of judges. The top two winning teams will receive prize money, internship opportunities at NBB and BFB, and a three-month incubation at Bahrain FinTech Bay.

Who can join

Occupation:

University student or graduate

Age:

18 - 24

Skillset:

Technical or non-technical skills

Nationality:

Bahraini or resident

Get the chance to win