Surviving in addition to his parents are his wife, Eileen Maguire Olsen and his daughter, Ceara, both of East Elmhurst, a brother, William Olsen and his wife Shirley of the Town of Ulster, a sister Elizabeth Ketudat of Boston, MA. He enjoyed reading and music, especially piano. He was a research librarian for the consulting firm NERA in White Plains. He also attended the Boston Conservatory of Music. Olsen received a bachelor's degree from Fredonia and a master's from Simmons College. He was born in Peoria, IL the son of Richard and Jacqueline Brewer Olsen of the Town of Ulster. Olsen of Ditmars Blvd., East Elmhurst died Sunday, September 19, 2010. Ghana’s Motito was third place with its solution promoting financial inclusion in Africa through a ‘buy-now-pay-later’ platform that enables small businesses to offer interest-free credit at the point of sale to customers.Michael L. OKO insurance products are automated and instantly indemnify farmers when they are affected by adverse weather, thanks to the constant monitoring of weather conditions via satellite data. OKO Finance, from Mali, came second with its affordable crop insurance products – distributed via mobile phone – for smallholder farmers in Mali. The opportunity to partner with Ecobank and roll-out our app across 33 sub-Saharan African countries would provide the icing on the cake by massively accelerating our growth.” Other winners: I applaud the Ecobank Group for bringing African fintechs into the limelight through this competition and for providing us with continued support through its Fellowship programme. Oluwatomi Solanke, CEO of Trove, commented on the victory: “Winning the 2021 Ecobank Fintech Challenge is a real honour and publicly validates the huge potential of our app to widen asset ownership. In addition to their induction into the Ecobank Fintech Challenge Fellowship programme, the first, second and third placed winners also received prizes of US$15,000, US$12,000 and US$10,000 respectively. The finalists of this year’s edition emerged from a hotly contested competition involving over 890 entrants from 44 countries. The Ecobank Fintech Challenge furthers our vision of treating fintechs as potential commercial partners with whom we can engage to provide innovative solutions to our customers.” “We will be inducting all five finalists into Ecobank’s Fintech Fellowship, during which they will receive mentoring and networking support, can utilise our Banking Sandbox to access our APIs to further develop their propositions, and could potentially partner with Ecobank to roll it out across our 33-country footprint.
Trove Finance’s solution has plugged a gap by providing an easy-to-use digital investment platform that is widening investment participation and inclusion by providing a secure and cost-effective alternative to the current paper-based investment process which is largely provided by brokers charging exorbitant fees.Ĭongratulating the finalists, Ade Ayeyemi, Chief Executive Officer, Ecobank Group, said: “The array of fintech services and solutions entered in this year’s edition was of such a high standard that the jury faced a really difficult task whittling the hundreds of entrants down to the final five and, ultimately, selecting Trove Finance as the overall winner.” Trove Finance’s app enables African-based financial institutions and individuals to buy, sell and trade any publicly traded equity, bond or exchange traded fund across US, Chinese, Nigerian or other global stock markets, with as little as 1,000 Naira (circa US$2). The virtual grand finale was streamed live from Accra in Ghana – and saw each of the five finalists pitching to the tech-savvy jury. The Ecobank Fintech Challenge is a flagship event of the Ecobank Group to support and enthuse early stage fintechs from across the African continent.