About this Challenge
The FinTech Innovation Challenge was launched in 2019, during the Making Finance Work for Women Summit in Singapore. We were thrilled that our two Grand Prize winners, Aflore and Pula, went on to compete at the Global FinTech Hackcelerator at the Singapore FinTech Festival, where Pula was one of the top three winners! See highlights from last year’s challenge.
1 billion women around the world do not have access to financial services, and there is a 9% gender gap in financial access across emerging markets. Furthermore, women are particularly vulnerable to global health and economic shocks, increasing the need to support their resilience and recovery in these challenge times. Women’s World Banking wants to identify FinTech innovations providing unbanked and underserved women with access financial services in order to build their security and prosperity in the face of these global economic uncertainties.
FinTechs must submit solutions in either of one of two categories:
How might we enable unbanked and underserved women to build resilience through convenient, secure, and reliable access to safety nets (i.e. funds for emergencies) to help mitigate against global shocks?
How might we enable unbanked and underserved women to expand their income-generating activities to build their business and household income and support economic recovery after global shocks?
Who Should Apply?
you demonstrate a path to financial sustainability?
Applications are submitted through online form.
Applications must be submitted no later than June 15th.
The Advisory Panel will review applications and select a shortlist of applicants for second round interviews.
Finalists will have the opportunity to receive mentoring to refine their solution and pitch.
Finalists will pitch to a panel of judges at the virtual Making Finance Work for Women.
NOVEMBER 9 - 13
Global FinTech Hackcelerator
Winners of Making Finance Work for Women FinTech Innovation Challenge will move on as finalists at the Monetary Authority of Singapore’s Global Fintech Hackelerator at the Singapore FinTech Festival.
Find More Details about this Challenge via https://www.womensworldbanking.org/fintech-innovation-challenge-2020/#the-challenge
Application Link https://womensworldbanking.tfaforms.net/279003