World’s Girls Banking (WWB), US-based gender inclusiveness funding agency in partnership with Singapore Fintech Competition, lately opened purposes for fintech startups centered on girls in rising markets.
This system tagged “Fintech Innovation Challenge 2020” is geared toward “identifying with fintech innovations providing unbanked and underserved women with access to financial services in order to build their security and prosperity in the face of these global economic uncertainties.”
startups are allowed to use beneath two classes:
- Options that allow unbanked and underserved girls to construct resilience by handy, safe, and dependable entry to security nets (i.e. funds for emergencies) to assist mitigate in opposition to world shocks; and
- Options that allow unbanked and underserved girls to broaden their income-generating actions to construct their enterprise and family revenue and help financial restoration after world shocks.
Eligibility additionally is dependent upon startups’ means to show inclusiveness by the presence of girls of their senior administration workforce and Board of Administrators.
Startups that aren’t presently centered on unbanked girls may also have to specific their intentions to incorporate the stated section sooner or later.
Much like the primary version of the problem in 2019, two finalists could have the chance to current their options on world levels throughout occasions scheduled for October and November 2020.
It will enhance the startups’ entry to grants, connection to potential buyers, in addition to a 12 months complimentary membership badge within the World’s Girls Banking World Community, amongst others.
Purposes are opened until June 15.
WWB has a background of investing in monetary options, establishments, and coverage environments in rising markets, normally in partnership with different world company establishments in Africa, Asia, MENA nations, Europe, and the Caribbean.
Nigerian startups raised $55.4m in Q1 2020; over 99% of which got here from international sources. Discover out extra while you obtain the total report.
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