Klangoo FinTech Challenge winners announced

KlangooFintech Challenge – Final Ceremony

Judges at the Klangoo Fintech Challenge

17 teams representing 10 countries participated in the Klangoo FinTech Challenge. MS, bachelor students together with professionals working in the AI ​​field.

UNITED STATES, Aug. 8, 2022 /EINPresswire.com/ — KLANGOO, a developer of a patented Natural Language Processing (NLP) API, announced the winners of its first Fintech Challenge which concluded on August 5, 2022. The challenge followed the theme: “Where can NLP be used most effectively in a FinTech solution?”.

Seventeen teams representing 10 countries (Belgium, France, Ghana, India, Indonesia, Lebanon, Pakistan, Qatar, Saudi Arabia and Spain) participated in the event. Participants included master’s and undergraduate students along with professionals working in the AI ​​field. The Klangoo FinTech Challenge judges then selected 6 teams to present their solutions live for a chance to win $5,000 in cash along with many other valuable prizes.

The six teams that reached the final stage were the following:
– Tech Brothers
– Insight into social media
– FAST
– FAMA
– A-cubed
– SP-0100.
Each presented for 5 minutes and took questions from the judges for another 3 minutes. The judging committee included:
– Dean Sivara, VP of Innovation at SAP
– Jad El Boustani, Managing Partner in MEVP
– Christophe Zoghbi Founder of Zaka.ai
– Johnny Azzi, CTO and co-founder of Klangoo
– Eddy Touma, co-founder and CEO of Klangoo

At the end of the final online ceremony, Eddy Touma thanked the participants and judges for being part of such a successful event that introduced the Klangoo NLP API to a wider community of developers and entrepreneurs. He also added that since the team scores were very close, it was difficult for the judges to decide a clear winner, so three prizes were announced:
– Eddy Touma announced the third place winners which went to the “Tech Brothers” represented by Rachad Lakis (MS at USJ) and Hussein Hazime (System Engineer at AI Directions), who developed a stock price predictor/indicator using the Klangoo NLP API as a core technology.
– Jad El Boustani then announced the runners-up: “A-cubed” represented by Ngoh Rodney, Samantha Mavunga and David Kwesi (all from Ashesi University, Ghana) who used the Klangoo NLP API to develop a user feedback system.
– Dean Sivara announced the first place winners: the “FAST” team, represented by Silvana Yakhni (LAU) and Hadi El Yakhni (LU/ULB) who also developed a stock prediction solution.

Congratulations FAST team on the victory!.

At the end of the ceremony, Mr. Touma announced that Klangoo will be doing more of these challenges. He emphasized the importance of such events to encourage students and young professionals to explore the endless use cases of NLP technology while giving them the chance to explore the entrepreneurial lifestyle for a month.

About Klangoo
Klangoo is an artificial intelligence (AI) technology provider that offers Natural Language Processing (NLP) services as an API suitable for a wide range of industries. Klangoo’s main solution on the market today is the Magnet for Publishers solution, which caters to the media and publishing industry.
Klangoo is based in Hoboken, New Jersey, with offices in the Middle East and Tbilisi, Georgia.

Eddy Touma
Klangoo
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Announcing the first place winner of the Klangoo Fintech Challenge 2022