We are thrilled to share the results of the PASHA Hackathon 4.0, which took place from June 28 to 30, 2024, in collaboration with PashaPay, PASHA Holding, and Tenity. This year's Hackathon was an incredible success, with participants bringing innovative ideas to life in just 48 hours.
PASHA Hackathon is a 48-hour innovation competition that aims to connect local tech communities, streamline companies' evaluation processes, and create new industry-specific opportunities. The goal? To transform wild ideas into functional prototypes within a constrained timeframe. It harnesses collective creativity to solve real workflow challenges, producing actionable, innovative solutions specifically designed for Pasha Pay. It is an arena where coding prowess meets practical problem-solving, leading to breakthroughs that could reshape the industry.
This year's Hackathon saw an impressive turnout, with over 1,500 applications and 230+ participants forming teams to compete. The energy and enthusiasm were palpable as teams worked tirelessly to develop innovative solutions for Pasha Pay. The categories of focus included:
- Enhancing local payments using offline QR, NFC, etc.
- Accelerating customer conversion to m10 across all terminals
- Strategically navigating the acquisition of micro and SME segments by finding value propositions and reducing the cash economy
Winners and Rewards
After a rigorous evaluation process, the jury selected the top three teams based on scalability, feasibility, customer value, and compliance with regulations. Here are the winners:
🥇 First Place: Team Untitled
Prize: AZN 6,000
🥈 Second Place: Team Yujitech
Prize: AZN 4,000
🥉 Third Place: Team Blackwater
Prize: AZN 2,000
Special Prize: Team Nankatsu
Throughout the event, participants had the opportunity to attend workshops and mentorship sessions led by industry experts. These sessions provided valuable insights and guidance, helping teams refine their ideas and presentations. The Hackathon also served as a platform for networking, allowing participants to connect with leading figures in the tech community.
We could not be prouder of what was achieved during these 48 hours. The PASHA Hackathon 4.0 was a testament to the power of collaboration and innovation. We thank all mentors, participants, supporters, and partners who made this event successful.
Stay tuned for more details on our upcoming programs. If you want to join this incredible journey, check out our upcoming programs on our website. We look forward to seeing you at our next Hackathon!
If you missed this year's Hackathon, do not worry! There are plenty of opportunities to showcase your talents and contribute to groundbreaking innovations. Stay updated with our latest events and programs, and be ready to take on new challenges. Together, we can transform the fintech landscape!