By Ikenna Osuoha
Mehtic Technology, developers of the BankPlus Core Banking Infrastructure, has secured a place at the global Startup World Cup Finals in Silicon Valley, U.S.
The Media Relations Lead, Mr., Franklin Tochukwu, said in a statement in Abuja on Saturday.
The News Agency of Nigeria (NAN) reports that it will compete for a one million dollar investment prize after emerging winner of the 2026 RegTech Africa Startup World Cup Abuja Regional Challenge.
NAN also reports that the victory came during the RegTech Africa Conference and Expo (RACE 2026) held at the Presidential Villa, Abuja.
The three-day conference, which ran from May 20 to 22, brought together regulators, investors, technology innovators, financial institutions, policymakers and startup founders from across Africa to discuss financial innovation.
RegTech Africa Conference and Expo is regarded as one of Africa’s leading platforms for discussions around regulatory innovation, financial technology, cyber security, artificial intelligence and digital transformation.
Tochukwu said that the company emerged tops during the Startup World Cup Pitch Day held on May 21.
According to him the Abuja Regional Challenge was organised through a partnership between RegTech Africa and the global Startup World Cup, one of the world’s largest startup pitch competitions.
He said the regional winner would proceed to Silicon Valley to compete with startups from different countries for a one million dollar investment prize and strategic global partnerships.
Tochukwu explained that hundreds of applications were received from across Africa, while only 15 startups were selected to pitch live before a panel of judges, investors and ecosystem leaders.
He added that the finalists represented sectors including fintech, regulatory technology, artificial intelligence, cybersecurity and GovTech.
“The startups were evaluated based on market scalability, revenue potential, innovation, business sustainability, quality of presentation and societal impact,” he said.
Tochukwu said that the company distinguished itself with its BankPlus Core Banking Infrastructure.
He described it as a next-generation digital banking platform designed to provide financial institutions with secure, scalable and efficient banking operations.
Speaking on the achievement, the Chief Executive Officer of Mehtic Technology, Mr Ahmed Sani, described the victory as a milestone for the company and Africa’s technology ecosystem.
According to him, the recognition demonstrates the increasing global relevance of African-built financial technology solutions and the continent’s growing capacity to develop world-class digital infrastructure.
Sani said the company remained committed to solving critical financial infrastructure challenges despite difficulties often faced by deep-tech startups, including limited access to funding, regulatory complexities and market entry barriers.
“Our mission is to empower financial institutions with advanced core banking technology that enhances efficiency, strengthens security and promotes financial inclusion.
“Our long-term vision is to become a leading financial technology infrastructure provider in Africa and globally,” he said.
Sani also commended the organisers, judges, partners and supporters of the competition for providing a platform that connects African startups with global investment opportunities and international innovation ecosystems.
He said the company would focus on expanding the BankPlus ecosystem, strengthening partnerships with financial institutions and preparing for the Startup World Cup Global Finals in Silicon Valley. (NAN)(www.nannews.ng)
Edited by Uche Anunne
