KAMPALA — MTN Uganda has awarded USD 6,000 to three startups who won the MTN Open API challenge on mobile money services.
They developed services to help online sellers collect payments, students to manage their bursaries and to generate QR codes for business processes using the mobile money platform.
MTN opened its mobile money platform to developers to help build products based on the payments system and its open API.
“Real innovation comes when we allow young people to create what is in their mind. The MTNMoMo platform offers them the environment to create,” said Wim Vanhelleputte MTN Uganda CEO.
The winners were Pause in third place, collecting USD 1,500, Piper2 in second place with a prize of USD 2,000 and PearlBrains in first place with an award of USD 2,500. PearlBrains also won a full-paid trip to the Ericsson innovation centre in Sweden.
MTN counts over 10 million mobile money users in Uganda and claims to be the biggest such platform in the country.