The inclusive fintech 50 is calling for applications from early-stage Fintechs who are driving financial inclusion and resilience around the globe. This is an opportunity for fintech startups to become more visible to investors and partners who can help them reach more financially underserved people.
About The Inclusive Fintech 50
The Inclusive Fintech 50 initiative leverages a competitive process. It is led by an independent judging panel of experts to identify 50 early-stage fintech driving financial inclusion and resilience. It was founded by MetLife Foundation and Visa inc., with support from Accion and IFC, and additional funding from BlackRock and Jersey Overseas Aid & Comic Relief. Then, implemented by MIX, the global data resource for investors focused on inclusive finance.
Basically, the initiative is for 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. So, if your fintech start-up falls into this category, this is for you.
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Why You Should Apply
The successful applicants will have access to the following benefits:
Investor Visibility; You will have the option to share basic information including contact details with the IF50 Investors Circle; a group of more than 15 leading investors who are keen to learn more about early-stage inclusive Fintechs.
Major Publicity; You can build a global profile in front of leading investors. Meet with a group of media and outreach partners, and, get the publicity generated by the IF50 global sponsors and partners.
Valuable Connections; The 50 selected Fintechs can join an invite-only Slack channel to build relationships with peers, industry experts from the judging panel, and members of the IF50 Investors Circle.
Opportunity To Pitch; The 50 selected Fintechs will have the opportunity to participate in virtual pitch events with relevant investors and partners.
Digital Features; The 50 selected Fintechs will be featured and promoted across the global fintech ecosystem through the white paper, the website, and social media.
Cash Prize; Two Fintechs will be selected for a USD 25,000 cash prize based on their contribution to the financial resilience of low-income households and businesses.
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Eligibility criteria For The Inclusive Fintech 50
You are welcome to apply if your Fintech meets the following criteria;
- Early-stage companies focused on underserved segments.
- Self-funded, seed-stage, Series A, or Series B.
- B2C, B2B, or B2B2C with a solution among credit, insurance, payments & remittances, savings & personal financial management, or infrastructure addressing challenges of underserved segments.
Please note that you can apply in English, French and Spanish.
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Timeline
- The application period ends on July 10, 2020
- Winners will be announced in October 2020
- White paper and global launch holds November 2020
- Digital event series featuring winners holds November 2020
The applications close on 10 July 2020. So, if you are an early stage fintech willing to drive financial inclusion and resilience around the globe, apply using this link https://www.inclusivefintech50.com/
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