Mehtic Technology, the Nigerian fintech company behind the BankPlus Core Banking Infrastructure, has secured a place at the Startup World Cup Global Finals in Silicon Valley, United States, where it will compete for a $1 million investment prize.
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The company earned the spot after emerging winner of the 2026 RegTech Africa Startup World Cup Abuja Regional Challenge held during the RegTech Africa Conference and Expo (RACE 2026) at the Presidential Villa, Abuja.
The announcement was disclosed in a statement issued on Saturday by the company’s Media Relations Lead, Franklin Tochukwu.
According to the statement, Mehtic Technology emerged winner during the Startup World Cup Pitch Day held on May 21 after competing against other African startups selected for the regional challenge.
The Abuja Regional Challenge was organised through a partnership between RegTech Africa and the global Startup World Cup, one of the world’s biggest startup pitch competitions.
The regional winner will now proceed to Silicon Valley to compete with startups from different countries for the grand $1 million investment prize and strategic international partnerships.
RACE 2026, which held from May 20 to May 22, brought together regulators, investors, financial institutions, policymakers, technology innovators and startup founders from across Africa to discuss developments in financial innovation, artificial intelligence, cybersecurity, digital transformation and regulatory technology.
Tochukwu said hundreds of applications were received from across Africa, but only 15 startups were selected to pitch before a panel of judges, investors and ecosystem leaders.
According to him, the startups were assessed based on innovation, market scalability, revenue potential, business sustainability, societal impact and presentation quality.
He noted that Mehtic Technology stood out with its BankPlus Core Banking Infrastructure, which he described as a next-generation digital banking platform built to help financial institutions manage secure, scalable and efficient banking operations.
Speaking on the achievement, Chief Executive Officer of Mehtic Technology, Ahmed Sani, described the victory as a major milestone for both the company and Africa’s technology ecosystem.
He said the recognition reflects the growing global relevance of African-built fintech infrastructure and the continent’s increasing ability to develop world-class digital solutions.
“Our mission is to empower financial institutions with advanced core banking technology that enhances efficiency, strengthens security and promotes financial inclusion,” Sani said.
“Our long-term vision is to become a leading financial technology infrastructure provider in Africa and globally.”
Sani added that the company remains focused on solving major financial infrastructure challenges despite difficulties often faced by deep-tech startups, including funding limitations, regulatory barriers and market entry challenges.
He also commended the organisers, judges and partners of the competition for creating opportunities that connect African startups with global investors and innovation ecosystems.
According to him, Mehtic Technology will now focus on expanding the BankPlus ecosystem, strengthening partnerships with financial institutions and preparing for the Startup World Cup Global Finals in Silicon Valley.
