M-PESA Ethiopia concludes 2026 hackathon to develop cashless payment solutions

Date: 2026-10-30
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By:   Kanto Kai Okanta]

M-PESA Ethiopia has concluded its CODE! CASHLESS COMMUNITIES M-PESA Hackathon 2026, bringing together emerging fintech developers to create innovative and scalable digital payment solutions aimed at addressing real-world needs and expanding the company’s product capabilities.

The initiative attracted 200 applicants before M-PESA Ethiopia partnered with Yenetta Code to bring together more than 80 developers for an intensive three-day bootcamp focused on M-PESA APIs.

The bootcamp was followed by hands-on mentorship to help participants transform their ideas into functional prototypes.

Twenty semifinalists pitched their cashless solutions at M-PESA Ethiopia’s headquarters, competing for a place among the top five finalist teams. The company said all 20 semifinalist ideas would have the opportunity to be considered for integration into the M-PESA ecosystem.

At the grand finale, five finalist teams presented fintech solutions designed to improve the lives of Ethiopians and strengthen the business ecosystem.

An expert panel of judges evaluated the pitches based on simplicity, adaptability and market opportunity before announcing the winners. The first-place team received 200,000 Ethiopian birr, while the second- and third-place teams received 100,000 birr and 70,000 birr, respectively.

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