Bank of Namibia - Fintech Youth Programme

Application type:

First Names:

Surname:

Date of Birth:

Today

Age:

Gender:

Nationality:

ID Number:

ID Document:

Contact Details of the Main Founder:

Primary contact person:

Email:

Main Cell:

Alternative Cell:

Website (if applicable):

Residential Address (No, street, area):

Town / City:

Region:

Postal Address:

Legal name (If Registered Entity):

Company registration number:

Year established:

Country of registration:

Name of Primary Manager:

No. of employees:

Entity Residential Address (No, street, area):

Entity Town / City:

Entity Region:

Entity Postal Address:

Name of solution:

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

Domestic payments
Cross-border payments
Lending / Credit
Insurance
RegTech
Savings / Investments
AgriTech
GovTech
CleanTech

Target market of services / product provided by fintech solution:

Rural and remote communities
Urban communities
Informal sector
Micro, Small and Medium Enterprises
Youth
Government
Merchants and retailers
Cross-border users
Women and/or previously disadvantaged groups
People with disabilities

Estimated target market size if known:

Does your solution do any of the following:

Hold customer funds
Provide loans
Process payments
Facilitate cross-border flows
Use AI in decision-making
Handle sensitive personal data

Are there any risks that emerged from your solution? Briefly describe the risks and the mitigation measures in place:

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.:

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

Ideation / problem definition
Concept development / planning
Prototyping / MVP
Pilot / market testing
Launch / commercialisation
Growth / scaling
Maturity / diversification

Applicant to submit proof of prototype i.e. a picture:

Are there any businesses with existing solutions which are similar to your solution?:

No. of active users (if any):

Paying customers?:

Yes
No

Monthly subscription volumes:

Fee model:

Transaction fee
Subscription fee
Interest margin
Commission fee

Current monthly revenue:

Key partnerships (if any):

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

Yes
No

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

Work in low-bandwidth environments
Support USSD channels and basic mobile devices
Offer affordable pricing for informal users
Provide agent or assisted onboarding
Support local language accessibility

Briefly explain:

CEO / Founder:

Technical / Product Lead:

Any Other Roles:

Upload ID's or passport of the founding team:

Governance structure (tick appropriate):

No formal governance structure in place
Founder(s) only
Advisory Board
Formal Board of Directors
External Auditor

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

Yes
No

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

Financial education / financial literacy training
Investment / business readiness
Ideation and problem discovery support
Concept development
Developing the prototype / MVP
Pitch training
Ecosystem support
Mentorship and technical training
Infrastructure and market access
Regulatory and licensing guidance
Regulatory sandbox
Funding

Type of Funding raised to date:

None
Grant funding
Bank funding
Angel investment
Seed funding
Series A or higher funding

Total raised to date:

Briefly explain how the funds were deployed:

Should you access funding through Fintech Youth Programme, explain how you intend to use the funds and how will you demonstrate responsible use of the Programme funds?:

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

I declare that the ideas and materials submitted are my own and not fraudulent in nature
I declare that the information provided is true and complete
I understand that participation does not constitute regulatory approval
I consent to eligibility screening, including Anti-money laundering/Countering the Financing of Terrorism checks (if applicable)
I agree to comply with programme governance and reporting requirements

Founding statement:

Company profile:

Namra Good Standing (if applicable) :

Social Security Good Standing (if applicable):

Employment Equity confirmation (if applicable):

CV of founder(s):

Business plan / Concept required part of submission:

Applicant to submit proof of prototype i.e. a picture:

Security code:

Enter security code:

Fintech Youth Programme

Summary

Related Links

Fintech Youth Programme