What is the Fintech Charity Challenge?
The Fintech Charity Challenge is a two-month fitness and wellness competition organised by Stayf for companies in the Fintech, Web3, and Crypto industries. Teams participate in fitness challenges to support their chosen charities while fostering wellness and team-building within their organisations.
How does my team participate in the challenge?
Register your team, customise your profile with your logo, and choose a charity to support. Once registered, team members track their fitness activities through the Stayf app, competing with other teams while raising awareness for their charity.
What’s included in the participation fee?
The £1500 participation fee covers full access to the Stayf platform and all challenge management services. This includes activity tracking, leaderboard access, and support from the Stayf team plus Dedicates Customer Success manager. An additional £500 charity deposit is directed to the prize fund, which will be awarded to the top-performing teams’ charities.
What activities can participants track?
The Stayf platform supports over 20 sports and activities, including running, walking, cycling, swimming, and more, catering to all fitness levels and interests. This variety helps keep participants engaged and active throughout the challenge.
Is the Stayf app available on all devices?
Yes, the Stayf app is available on iOS, Android, and web browsers, and it synchronizes with popular fitness trackers like Apple Watch, Garmin, and others, ensuring seamless activity tracking.
How are privacy and data security handled, especially if competitors are involved?
Stayf takes data privacy seriously. Each team has control over what they choose to share publicly, and private communication channels within the app ensure that sensitive information remains confidential. All data is encrypted and complies with international data protection standards.
Can my company’s branding be incorporated into the challenge?
Absolutely. Each team can personalise their profile with their company logo and branding. This profile is visible to other participants, allowing your team to raise awareness about your chosen charity and engage within the industry.
What if our team doesn’t win? Will our charity still benefit?
Yes! Even if your team doesn’t place in the top three, your participation fee still supports the overall prize fund, which is donated to the winning teams’ chosen charities. By simply joining, your company is contributing to a good cause.
What are the benefits of participating?
The challenge promotes team bonding, wellness, and employee morale, while also enhancing your corporate social responsibility profile. Companies also benefit from networking with other industry leaders and showcasing their commitment to charitable causes.
How do I sign up my company, and when is the registration deadline?
To sign up, get in touch through the Register Now button on the page. The registration deadline is November 10th, with the challenge kicking off on December 2nd and running until January 31st.
How will the competition be structured?
The competition starts with each participating company contributing a set amount to the charity pot. Teams earn points based on their activity throughout the challenge, which determines their place on the league table. At the end:
1st Place wins 50% of the charity pot for their chosen charity.
2nd Place wins 20% for their charity.
3rd Place wins 10% for their charity.
The remaining 10% is evenly distributed among the other charities chosen by participating teams.
This way, even if your team doesn’t win, your chosen charity still receives support!
