Scotiabank hosting FinTech hackathon dedicated to debt management tools

scotiabank

On February 5, Scotiabank is hosting Scotiabank Hack IT, its first-ever hackathon.

The hackathon, which is open to 100 people, will be dedicated to finding innovative solutions for managing debt over the course of two days at the Scotiabank Centre in Toronto. The first prize winners receive $15,000, while second and third place will receive $5,000. All three winners will also be invited to interview for open positions at the Scotiabank Digital Factory’s new location in mid-2016, which will house more than 350 jobs for tech talent dedicated to finding FinTech solutions.

“We are looking forward to meeting and working with the best and the brightest in these fields at Scotiabank Hack IT. We see this as a great recruitment opportunity for the Bank,” said Jeff Marshall, head of the Scotiabank Digital Factory. “We are excited to be engaging with bright, talented innovators and can’t wait to see what their creativity brings to life over the weekend on the important topic of debt management.”

Judges include entrepreneur and tech journalist Amber Mac, MaRS head of FinTech Adam Nanjee, and Jeff Goldenberg, head of growth at Borrowell.

Related: Ladies Learning Code partners with Scotiabank to launch code:clubs