The 2023 Fintech Innovation Challenge is an attractive application from fintech pioneering innovative money solutions that break the persistent challenges in serving the low-income ladies’ market.
Through an extremely competitive method, Women’s World Banking’s Fintech Innovation Challenge identifies and elevates four later-stage fintech pioneering innovative money solutions that break the persistent challenges in serving the low-income women’s market.
The Fintech Innovation Challenge attracts over one hundred fintech candidates from around the world WHO are developing innovative products to shut the gender gap within the low-income women’s market.
Women’s World Banking is devoted towards economic authorisation through money inclusion to the one billion ladies within the world while not having access to formal money services.
victimisation of our subtle market and marketing research, we tend to flip insights into real action to style and advocate for policy engagement, digital money solutions, geographic point leadership programs and gender lens investment.
Women’s World Banking may be a noncommercial organization that has strategic support, technical help and knowledge to a world network of fifty-five freelance microfinance establishments (MFIs) and banks that provide credit and different money services to low-income entrepreneurs within the developing world, with a specific specialize in ladies.
The Women’s World Banking network serves twenty-four million micro-entrepreneurs in thirty-two countries worldwide, of that eighty % are ladies. it's the most important world network of microfinance establishments and banks in terms of the range of purchasers, and therefore the only 1 that expressly designates poor ladies because of the focus of its mission.
Criteria for the Fintech Innovation Challenge
Leveraging Technology for girls
You are a fintech investing technology to supply money solutions for underserved, low-income women.
Serving rising Markets
Your focus is on serving customers in rising markets.
Preparing for Series A or Later
Your fintech is getting ready for Series A or later and might demonstrate a minimum viable product and a path to profitableness.
Timeline
– August 3, 2022: Applications Open
– Sep fifteen, 2022: Applications shut
– Gregorian calendar month twenty-six, 2022: prime twelve Finalists and feminine Founders Circle Notified
– Gregorian calendar month fifteen, 2022: Pitch Day Judges declared
– January nine, 2023: Four Finalists declared
– Feb sixteen, 2023: Fintech Innovation Challenge sleep in port
Application Deadline: Sep fifteen, 2022
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