Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Singaporeans explore AI for finance while still relying on human expertise, according to a survey.

June 12, 2025

Funding for Rural Farmers from Startups News

June 12, 2025

Fintech startup achieves IPO at $864 million, surpassing price range expectations.

June 12, 2025

The decrease in news about superior health care financing through Ailila Sciences’ AI-powered scientific factories, which act as verifiers of scientific knowledge, according to Molly Gibson, president of the future, reported a day ago.

June 11, 2025
Facebook X (Twitter) Instagram
Trending
  • Singaporeans explore AI for finance while still relying on human expertise, according to a survey.
  • Funding for Rural Farmers from Startups News
  • Fintech startup achieves IPO at $864 million, surpassing price range expectations.
  • The decrease in news about superior health care financing through Ailila Sciences’ AI-powered scientific factories, which act as verifiers of scientific knowledge, according to Molly Gibson, president of the future, reported a day ago.
  • Alpha Liquid Terminal introduced its ChatalanSt AI as a financial research agent focused on cryptocurrency, foreign exchange, and equities.
  • Most financial leaders plan to make significant AI investments by 2026, according to Tropic.
  • Ways criminals exploit AI to fraudulently obtain college financial aid
  • Enhancing Radiology Efficiency through AI in the Northwest
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Fintech Scotland and TSB unveil a new innovation lab initiative.

    June 3, 2025

    OECD Economic Outlook June 2025: The Fintech Executive’s Strategic Playbook

    June 2, 2025

    The impact of the fintech recruitment crisis on job seekers.

    May 28, 2025

    Turkish Fintech Papara Under Investigation for Potential Money Laundering Activities

    May 27, 2025

    The Fintech Agreement aims to secure lower-cost funding from Africa.

    May 26, 2025
  • AI

    Singaporeans explore AI for finance while still relying on human expertise, according to a survey.

    June 12, 2025

    The decrease in news about superior health care financing through Ailila Sciences’ AI-powered scientific factories, which act as verifiers of scientific knowledge, according to Molly Gibson, president of the future, reported a day ago.

    June 11, 2025

    Alpha Liquid Terminal introduced its ChatalanSt AI as a financial research agent focused on cryptocurrency, foreign exchange, and equities.

    June 11, 2025

    Most financial leaders plan to make significant AI investments by 2026, according to Tropic.

    June 11, 2025

    Ways criminals exploit AI to fraudulently obtain college financial aid

    June 11, 2025
  • Acquisitions

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025

    The Challenges of Implementing Central Bank Digital Currencies (CBDCs)

    April 14, 2025

    Apex Fintech considering the purchase of Bakkt

    April 13, 2025
  • Trends

    The Irish fintech sector is thriving and surpassing global trends.

    June 9, 2025

    Irish fintech sector continues to thrive despite global trends.

    June 4, 2025

    Irish fintech is thriving and surpassing global trends.

    June 3, 2025

    The $2.6 Trillion Revolution: Inside 2025’s Private Credit BoomHow a once-niche asset class is redefining modern finance

    May 21, 2025

    The Transformative Power of Generative AI in Financial Services: Innovation, Implementation, and Impact

    May 16, 2025
  • Insights

    Congressional investigation into the attempted Fintech scheme to secure a $25 million federal contract

    June 10, 2025

    Fintech company Wise to relocate its primary listing to New York to attract more investors and enhance its valuation.

    June 5, 2025

    Flexbase purchases fintech company Maza Financial in a $40 million deal.

    June 4, 2025

    Irish Fintech Nomupay secures 35 million euros in investment from SoftBank.

    June 3, 2025

    OECD Economic Outlook June 2025: The Fintech Executive’s Strategic Playbook

    June 2, 2025
  • Rumors

    Paraphrase the title from the Circle files regarding the IPO for the Bank.

    June 7, 2025

    Toncoin achieves $1 billion in trading volume as Visa executive joins and Musk speculation grows

    June 4, 2025

    Fintech Firms Poised for Public Offering in 2025

    June 4, 2025

    Sale of Payoneer? Fintend Suspension 2025 Guidance Seeks Advisors

    June 3, 2025

    Grab refutes speculation about losing $7 billion alongside Goto.

    May 30, 2025
  • Startups

    Funding for Rural Farmers from Startups News

    June 12, 2025

    Fintech startup achieves IPO at $864 million, surpassing price range expectations.

    June 12, 2025

    JPMorgan launches a fintech accelerator for UK startups

    June 11, 2025

    Enhancing Emotional Appeal in Health and Fintech: Insights from Leading Experts

    June 10, 2025

    Funding round of 1.4 million pounds for Teal Ferme in the payroll data fintech sector

    June 10, 2025
  • finjobsly
fintechbits
Home » Fintech Hackathon Winner Creates Thriving Startup Community in Doha – Doha News
Startup News

Fintech Hackathon Winner Creates Thriving Startup Community in Doha – Doha News

4 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
16a6583 Scaled.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

The success of a young Nigerian digital product designer at this year’s Hackathon highlights the growing opportunities in Qatar’s tech space.

At this year’s Qatar Innovation Hackathon, Ajiri Omafokpe used his six years of fintech experience to drive product creation through an intense competition.

Candidates were challenged to use digital technologies— such as machine learning and augmented reality — to develop innovative business models in six industry-specific themes.

Omafokpe played a key role in the success of Amanah, the GCC’s first Takaful aggregator, which became one of the winners in the Fintech category. The team, made up of four dynamic professionals with unique expertise, worked to innovate in the field Islamic insurance space using cutting-edge solutions.

Amanah’s triumph not only showcased the possibilities of digital solutions, but also highlighted Doha’s potential as a hub for a thriving startup ecosystem.

Ajiri Omafokpe (pictured center-left) and Team Amanah were among the winners of this year’s Qatar Innovation Hackathon competition. Source: Amanah HQ.

“My career in the fintech sector started with Yellow Card, where I covered product design, UX design and marketing design,” Omafokpe told Doha News.

Her time at the pan-African fintech company was a particularly proud moment in her career, where she contributed to the growth of the company.

“By the time I arrived, I was their seventh employee, and now they operate in 20 countries across the continent,” she said.

Building a community

While the main objective of the Qatar Innovation Hackathon is to attract innovative entrepreneurs from the Gulf States to create solutions to address specific industrial themes, in the case of Omafokpe, the impact of the experience has extended beyond the competition.

“Coming from the strong tech community I was part of in Lagos, where there is ample access to like-minded people and mentors, I felt a gap in Doha,” explained the Nigeria native. “The city lacked space for tech enthusiasts and entrepreneurs to connect and collaborate. »

To fill this gap, Omafokpe, alongside fellow Nigerian and co-founder Michael Ifeanyi, created Builder Tribe, a platform dedicated to helping startups grow and succeed across the Middle East.

“We launched the project in July and it’s been amazing to see the response from the community. Small businesses are realizing that collaboration, rather than competition, is key to sustaining and growing the ecosystem,” Ifeanyi said.

Inspired by the goals outlined in the government’s Qatar National Vision 2030 to create a knowledge-based economy characterized by innovation and entrepreneurship, Omafokpe and Ifeanyi’s platform aims to support technology startups through mentoring.

“I was at a stage where I was just getting started and it was the community and mentorship that guided me,” explained Omafokpe, discussing the rapid evolution of the sector and the importance of upskilling initiatives , especially for young people in Qatar.

Additionally, Builder Tribe connects innovative ideas with potential investors, bridging the gap between startups and the funding they need to bring their ideas to life.

The importance of storytelling

“Qatar hosts important international events like Web Summitand the February event was great for making new connections,” Ifeanyi said. “But after that, we knew there were so many incredible stories going untold, and we wanted to help by creating a platform where entrepreneurs could connect, share their stories, and collaborate to build something impactful.” »

The Builders Tribe co-founder added that local startup entrepreneurship can be drowned out by the noise of larger, more established companies.

“Sometimes it can seem like the scene is not that dynamic,” Ifeanyi said. “But we have seen that this is not the case. We found that even though there were so many talented innovators in Qatar, their stories were not being told or connected in a meaningful way.

Omafokpe and Ifeanyi (bottom row left photo) with participants at one of their community events. Source: Builder Tribe, via Instagram.

To bridge this gap, the platform has so far hosted two in-person community events to connect the country’s innovators.

“During our last event, we gave five startups the chance to take the stage and share their ideas in front of an audience of at least 70 people. Many had never had the opportunity to do this before, and it was amazing to see the impact,” Ifeanyi said.

For his part, Omafokpe explained that these events constitute the highlight of his journey so far, noting that “technology can be a lonely and difficult space to navigate.” She added that Qatar is poised to position itself as a global leader in innovation and technology.

“We need to create a local culture where these strong community ties are strengthened so that an ecosystem of freely flowing information and opportunities is shared,” Omafokpe said.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Funding for Rural Farmers from Startups News

June 12, 2025

Fintech startup achieves IPO at $864 million, surpassing price range expectations.

June 12, 2025

JPMorgan launches a fintech accelerator for UK startups

June 11, 2025
Leave A Reply Cancel Reply

Latest news

Singaporeans explore AI for finance while still relying on human expertise, according to a survey.

June 12, 2025

Funding for Rural Farmers from Startups News

June 12, 2025

Fintech startup achieves IPO at $864 million, surpassing price range expectations.

June 12, 2025
News
  • AI in Finance (1,259)
  • Breaking News (150)
  • Corporate Acquisitions (63)
  • Industry Trends (172)
  • Jobs Market News (289)
  • Market Insights (182)
  • Market Rumors (236)
  • Regulatory Updates (145)
  • Startup News (818)
  • Technology Innovations (150)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,259)
  • Breaking News (150)
  • Corporate Acquisitions (63)
  • Industry Trends (172)
  • Jobs Market News (289)
  • Market Insights (182)
  • Market Rumors (236)
  • Regulatory Updates (145)
  • Startup News (818)
  • Technology Innovations (150)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.