The application for the 2025 WEMA Bank Hackathon, Hackaholics 6.0, is now open! With ₦150 million in prizes, this program is a startup competition for young people with tech-driven or tech-enabled ideas. It helps them grow and scale their businesses. The program is powered by Wema Bank/ALAT, one of Nigeria’s leading digital banks. After five successful editions, the 6th edition is here with the theme “Re-imagined.”
Overview of WEMA Bank Hackathon Hackaholics Program
- Host: Wema Bank Plc
- Category: Competitions | Training
- Eligible Country: Nigeria
- Reward: ₦150 Million in Cash Prizes + Training
- Deadline: Not Specified
Hackaholics is Wema Bank’s leading tech competition that brings together talented people in technology, design, and innovation to create digital solutions for real-world problems.
Be part of Africa’s largest network of problem-solvers, visionaries, and creative thinkers. Join the annual Hackaholics Ideathon and help drive positive change through technology.
What are the Requirements for 2025 WEMA Bank Hackaholics Program
Everyone is welcome to apply!
Whether you’re a young entrepreneur, a working professional, or a student—you can join.
You don’t need to be a programmer or have a Computer Science degree.
If you have a great idea and a passion for innovation, this program is for you.
Duration and Reward for WEMA Bank Hackathon Hackaholics Program
- Cash Prizes & Funding: Win up to ₦200 million to scale your solution.
- Mentorship from Industry Experts: Learn from top professionals in banking, fintech, and tech.
- Access to Bank APIs & Tech Tools: Use advanced tools and APIs to build and test your ideas.
- Recognition & Exposure: Showcase your innovation to industry leaders and decision-makers.
- Internship & Job Opportunities: Potential to join Wema Bank’s innovation team.
- Career & Networking Opportunities: Connect with investors, tech leaders, and enthusiasts.
Absolutely! Here’s a cleaner and more concise bullet-point version of the application process and program structure:
How to Apply for the WEMA Bank Hackaholics Program 2025
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- Click “Register Now” on the Hackaholics website.
- Fill in your solution details and relevant information.
- Provide information about your team members (maximum of 3 members).
- Submit your application and wait for confirmation via email.
- Stage 1: Application Phase
Open to developers, designers, and problem-solvers across the country. - Stage 2: Regional Preliminaries
Shortlisted teams compete regionally, receiving mentorship to refine their ideas. - Stage 3: Final Day Demo
Top teams pitch their solutions to a panel of judges including tech leaders and Wema Bank executives. - Stage 4: Grand Finale
Winners are awarded cash prizes, funding, and mentorship. Outstanding solutions may advance to further collaboration with Wema Bank.!
What is Wema Bank Hackaholics about?
Wema Bank Hackaholics is an annual tech and innovation hackathon aimed at empowering young innovators, developers, and entrepreneurs. Participants work on tech-driven solutions to real-world challenges, with access to funding, mentorship, and tools to bring their ideas to life.
How do I borrow money from Wema Alert?
To borrow money using Wema Bank’s ALAT platform (often referred to as Wema Alert):
- Download and register on the ALAT by Wema app.
- Go to the Loans section.
- Check your eligibility and select a loan offer.
- Follow the steps to accept terms and receive funds directly into your account.
What is a Wema Purple account?
The Wema Purple Account is a youth-focused savings account tailored for teenagers and young adults. It offers benefits like zero account opening balance, access to financial literacy content, and features that promote savings and digital engagement.
Who is the CEO of Wema Bank Nigeria?
As of 2025, the Managing Director and CEO of Wema Bank is Moruf Oseni, who succeeded Ademola Adebise.
Which country owns Wema Bank?
Wema Bank is a fully Nigerian-owned financial institution. It is licensed by the Central Bank of Nigeria and operates within Nigeria.
Who is the first female Bank CEO in Nigeria?
The first female bank CEO in Nigeria was Cecilia Ibru, who served as the Managing Director and CEO of Oceanic Bank from 1997 to 2009.
Which is the richest bank in Nigeria?
As of recent rankings, Access Bank is considered the richest bank in Nigeria based on total assets, customer base, and market capitalization.
Who is the highest paid female CEO in Nigeria?
One of the highest paid female CEOs in Nigeria is Yemisi Edun, the Managing Director of First City Monument Bank (FCMB), though exact figures may vary annually and are not always publicly disclosed.
Who is the mother of all banks in Nigeria?
The Central Bank of Nigeria (CBN) is often referred to as the “mother of all banks” because it regulates and supervises all financial institutions in the countryere’s a concise conclusion you can use to wrap up the information:
Conclusion
Wema Bank continues to position itself as a forward-thinking, innovation-driven institution through initiatives like the Hackaholics Program, which empowers tech talents with funding, mentorship, and opportunities. With digital products like ALAT and youth-focused accounts like Wema Purple, the bank remains committed to financial inclusion and digital transformation. As a Nigerian-owned bank led by visionary leadership, Wema Bank is not only shaping the future of banking but also investing in the next generation of changemakers.
