Inclusive Fintech 50 Opens Application For Early-stage Fintechs Driving Innovation Amidst COVID-19
July 7, 2021, 12:19 p.m.
The global pandemic has underscored the importance of having access to financial services, which act as a stabilizing force for low-income households and businesses. Fintechs play an important role in expanding access to these vulnerable populations, but these startups themselves need access to capital and connections.
Inclusive Fintech 50, concerning this, wants to make these startups more visible to investors and partners who can help them reach more of the 3 billion financially underserved people.
The Inclusive Fintech 50 initiative leverages a competitive process led by an independent judging panel of experts to identify 50 early-stage fintechs driving financial inclusion and resilience.
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They are focused on early-stage fintechs in advanced or emerging markets that offer a solution among credit, insurance, payments & remittances, savings & personal financial management, or infrastructure addressing special challenges of underserved customer segments.
Winning startups will be featured in CFI’s Financial Inclusion Week, as well as other research and media coverage; have access to Practical Business Skills, a global digital platform created by Visa to deliver free educational resources to help small and micro business owners make confident, informed decisions to grow their businesses; and automatically pre-qualify for Visa Fintech Fast Track, a program that aims to speed up the process of integrating with Visa and its ecosystem partners.
In addition, participating startups will benefit from exposure and networking among the independent judging panel of investors, founders, and thought leaders, and winners of the competition will be globally recognized as leading the way in inclusive fintech.
Applications are open here until July 23.
tag: Funding, applications, SMEs, Fintech, Startup,
Verny Joy Author
Verny loves to write poetry, fiction and quotes. Her love for writing landed her in journalism. She loves gadgets and travelling to explore new places.