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Find out more about Fintech Youth Programme.

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Fintech Youth Programme

CALL FOR APPLICATIONS FOR ENTRY INTO THE BANK OF NAMIBIA’S FINTECH YOUTH PROGRAMME

 

The Bank of Namibia invites applications from eligible young innovators for entry into the Fintech Youth Programme (“FYP”). The Programme positions youth at the forefront of financial innovation and seeks to strengthen Namibia’s fintech ecosystem by equipping them with the knowledge, skills, funding pathways, and platforms required to contribute meaningfully to a digitally enabled economy. The Fintech Youth Programme distinguishes itself from traditional incubation or accelerator initiatives by acting as an ecosystem catalyst rather than operating as a standalone support programme, it functions as a coordination platform that mobilises stakeholders across the fintech value chain to create a structured pipeline though which youth-led fintech solutions can progress from concept to market readiness and maturation. Another defining feature is the close proximity to the regulatory and policy environment, enabling participants to gain exposure to regulatory considerations, responsible innovation practices and potential regulatory testing or licensing opportunities. When you submit this form, it will not automatically collect your details like name and email address unless you provide it yourself.

 

SECTION 1: APPLICANT DETAILS

1.1.
 

1.2. Founder’s information (for both Individual and Registered Entity)

FOUNDER = An individual who initiates, establishes, and takes primary responsibility for creating a new venture by identifying an opportunity, mobilizing resources, and setting the vision, structure, and strategic direction of the enterprise.

 
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1.3. Contact Details of Founder

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1.4. If Registered Entity

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SECTION 2: FINTECH OVERVIEW AND STAGE OF DEVELOPMENT

2.1.

 
2.2. Main services / products provided by fintech solution (tick appropriate box):









 
2.3. Target market of services / product provided by fintech solution:










 
2.4.

 
2.5. Does your solution do any of the following:






 
2.6.

 

2.7. Brief description of fintech solution (150 – 200 words)

Please provide a description of the solution, what inspired the idea, the problem statement it tries to solve and its significance to Namibia, the services and functionalities offered by the solution, the target market and size, any milestones and achievements.


 
2.8. Please tick the appropriate box indicating the stage of the fintech solution development:







 
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2.10. Current traction, users and revenue model (if applicable)

2.10.1.

 
2.10.2.

 
2.10.3. Paying customers?:


 
2.10.4.

 
2.10.5. Fee model:




 
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SECTION 3: FINANCIAL INCLUSION AND SOCIO-ECONOMIC DEVELOPMENT

3.1. Does your solution provide access to financial services to unbanked or underserved Namibian citizens?:


 
3.2. Does your solution provide rural accessibility through any of the following:





 
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SECTION 4: TEAM STRUCTURE

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4.4.

 
4.5. Governance structure (tick appropriate):





 

SECTION 5: PROGRAMME SUPPORT AND FUNDING

5.1. Would you like to participate in a hackathon? (Recommended when in ideation/problem phase):


 

The Hackathon is a dedicated entry pathway into the Bank of Namibia Fintech Youth Programme for young innovators with fintech ideas, concepts, prototypes, or early-stage solutions. Participants will work on real-world challenges while receiving mentorship, training, and practical support in areas such as business development, prototyping, pitching, financial literacy, and market validation. The Hackathon is designed to help participants refine their ideas, develop viable solutions, and prepare for further opportunities, including incubation, technical support, funding readiness, and progression to advanced tiers of the Fintech Youth Programme. This is more than a competition, it is an opportunity to transform innovative ideas into impactful solutions that contribute to Namibia’s digital and financial future. Note: Participation in the hackathon is optional and not a prerequisite for joining the Fintech Youth Programme. Individuals who do not participate in the Hackathon may still access other programme opportunities, activities, training, mentorship, and support initiatives available through the broader Fintech Youth Programme.

5.2. What support are you seeking from the programme? (Select all that apply):












 
5.3. Type of Funding raised to date:






 
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Definitions


Hackathon

Is a short, intensive, collaborative event where participants rapidly design and build solutions, usually in technology, or software within a limited timeframe (often 24-48 hours). It combines teamwork, creativity and competition to produce prototypes or working products.

Financial education / financial literacy training

Training aimed at improving understanding of financial concepts such as budgeting, saving, investing, credit management, and personal or business financial decision-making.

Investment / business readiness

Support to prepare participants and their ventures to engage with investors or funders, including financial modelling, governance, compliance, and business structuring.

Ideation and problem discovery support

Guidance to help participants identify real market problems, validate needs, and generate innovative, user-centred solution ideas.

Concept development

Assistance in refining an idea into a clear, structured concept, including value proposition definition, target market identification, and solution design.

Developing the prototype / MVP

Support to design and build a prototype or Minimum Viable Product (MVP) that demonstrates core functionality and can be tested with users.

Pitch training

Coaching to help participants clearly and confidently present their business or solution to stakeholders, partners, or potential investors.

Ecosystem support

Access to networks, partners, industry players, and support organisations within the fintech and entrepreneurship ecosystem.

Mentorship and technical training

One-on-one or group mentorship and skills-based training covering technical, business, and industry-specific competencies.

Infrastructure and market access

Provision of tools, platforms, facilities, or channels that enable participants to build, test, and bring their solutions to market.

Regulatory and licensing guidance

Support to understand and navigate relevant laws, regulations, compliance requirements, and licensing processes applicable to fintech solutions.

Regulatory sandbox

A controlled testing environment that allows participants to test innovative fintech products or services under regulatory supervision.

Funding

Financial support, grants, or access to financing opportunities to assist with product development, testing, or scaling.

Other

Any additional form of support not listed above that the applicant believes is necessary for the success of their venture

 

SECTION 6: CONFIDENTIALITY AND DECLARATIONS

6.1. Please acknowledge each of the following declarations by ticking every box below:





 

Statutory documents

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