VENTURE GRANTS

MIX FOUNDATION INCLUSIVE FINTECH 50 PROJECT

We are looking for early-stage fintech 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.

The 50 selected fintech will receive significant visibility among investors and partners through features in the media, the white paper, and a digital event series. Two of the selected fintech will also receive a cash prize of USD 25,000 based on the independent judging panel’s assessment of their contribution to the financial resilience of low-income households and businesses. Additionally, all applicants can opt-in to share contact information with the IF50 Investors Circle, a group of more than 15 leading investors who are keen to meet early-stage inclusive fintech.

Inclusive Fintech 50 was funded by MetLife Foundation and Visa Inc., with support from Accion and IFC, and additional funding from BlackRock and Jersey Overseas Aid & Comic Relief. The initiative is implemented by MIX, the global data resource for investors focused on inclusive finance.

Eligibility criteria:

• Fintechs applying to the Inclusive Fintech 50 should be early-stage companies focused on underserved segments.

• Fintechs that are self-funded, seed-stage, Series A, or Series B are welcome to apply.

• Applicants can be B2C, B2B, or B2B2C with a solution among credit, insurance, payments & remittances, savings & personal financial management, or infrastructure addressing challenges of underserved segments.

• Applications will be accepted in English, French, and Spanish.

To apply to follow this link: https://inclusivefintech50.secure-platform.com/a

The deadline for the application is 10th July 2020.

Inclusive Fintech 50 initiative starts from 15th July- 30th November 2020

Location of the MIX Foundation as the lead program initiative is at Washington D.C, District of Columbia, USA.