The Digital Penang Fintech Hackathon is offering RM75,000 in prizes for winners - SoyaCincau

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Winners of the fintech hackathon also gain access into Finexus' partnership program and Digital Penang's 6-month Basic Living Entrepreneurship Support Scheme.

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If you’ve ever wanted to build your own fintech solution, here’s your chance to do so and win some prizes too. Digital Penang, an agency under the Penang State govt, is partnering up with TNG Digital and the Finexus Group to bring to you their first ever hackathon event.

This hackathon event will offer up to RM75,000 in prizes and you can sign up for it from now till the 5th of November. The actual event itself will happen from the 12th of November onwards till the 10th of December.

The MyXaaS Innovation Platform being used for the Digital Penang Hackathon is a new platform that offers infrastructure, software and finance as a service. It caters to startup and mid-sized companies to help accelerate and further develop their digital business ideas. Their APIs will also be part of the prize pool, as you’ll get credit which can then be used for APIs on the MyXaaS Innovation Platform.

Winners will be selected based on how innovative and viable their digital products are, as well as its business viability. On top of the prizes listed above, they’ll also be eligible to be fast-tracked into a Finexus partnership program and Digital Penang’s Basic Living Entrepreneurship Support Scheme that’ll get you a six-month stipend to grow your business idea.

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