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The Bank for International Settlements (BIS) Innovation Hub and the South African Reserve Bank (SARB), under South Africa’s G20 Presidency, have launched the 2025 edition of the G20 TechSprint global competition.
Now in its sixth year, the initiative invites developers worldwide to propose solutions that strengthen trust and integrity in scalable, open financial systems.
This year’s focus areas—formulated by the BIS Innovation Hub and SARB—include verifiable and privacy-preserving digital identity solutions for financial institutions, consumer-consented credit data portability to support cross-border SME financing, and technologies to mitigate fraud and cyber risks.
Problem statements for G20 TechSprint 2025
These efforts aim to promote wider adoption of fast payment systems and support financial inclusion and economic growth.
The competition supports the G20 priorities of solidarity, equality, and sustainability and continues the TechSprint’s tradition of addressing global challenges aligned with the goals of the regulatory and central banking community.
Previous editions have explored topics such as green finance, central bank digital currencies, and cross-border payments.
Proposals may be submitted by 20 June 2025.
Shortlisted teams will develop their solutions over eight weeks and receive guidance from national authorities and experts.
One winner per category will be announced in November, with each receiving up to US$ 30,000.
All shortlisted projects will receive a stipend of around US$ 5,000.
Agustín Carstens
“The G20 TechSprint is more than a competition. It is a collaborative effort to redefine the future of finance. Our collective challenge is clear: to develop scalable, adaptable, and inclusive solutions that reinforce trust and integrity across borders.
The themes of South Africa’s presidency- solidarity, equality, and sustainability-should inspire us to break down barriers and forge partnerships that have lasting global impact.”
said Agustín Carstens, General Manager of the BIS.
Lesetja Kganyago
“Innovation must drive inclusion, build trust and deliver lasting impact on our continent and across the world.
We are looking forward to solutions that will bring more people into the digital economy and enable cross-border trade.”
