Octave Analytics, a data analytics startup, has won the grand prize of N10 million at the maiden Zenith Bank hackathon dubbed ‘Zenathon’.
The hackathon was held recently at Landmark Event Centre as part of the Zenith Tech Fair.
Octave Analytics offers analytics and end-to-end Customer Value Management Process Outsourcing Services, which deals with the application of computing tools, statistics and mathematical models to solve business and industry problems.
While 10 startups competed Zenathon, logistics firm, Neohaul Technologies and agritech marketplace, reQuid Technologies received ₦6 million and ₦5 million, respectively, as the first and second runners-up.
In addition to the funding, the top three finalists would participate in Seedstars’ six-month Investment Readiness Program next year.
The other finalists got ₦1 million each for participation in the Zenathon.
The Zenathon focused on four thematic areas: Future of banking, future of retail, future of customer relationship and future of security.
In the future of banking, there are Xcard and reQuid Technologies; The future of retail category had Alerzo, Excrow Inc., Payonhold, Neohaul Technologies, and Nairapacket and for the Customer relationship category, Termii, Octave Analytics, and Qview.ai featured.