Good News for Social Entrepreneurship Enthusiasts!

UN has an initiative providing grants from USD 10,000-100,000 to fintech startups that helps solves financial inclusion, especially for the lower income segment. It is open to all ASEAN startups (not limited to Malaysia)!

The United Nations Capital Development Fund (UNCDF), in cooperation with Bank Negara Malaysia and MDEC, has launched the Financial Innovation Lab.

The Financial Innovation Lab is a community of practice energized by its mission to achieve digital financial inclusion for the elimination of poverty worldwide. We aim to increase the accessibility of digital financial services and products for low- and middle-income people in Africa, Asia, and the Pacific by sharing knowledge and providing resources to develop impactful solutions

Currently, The Financial Innovation Lab is looking for solutions and models that aim to disrupt the market and address the needs of different customer segments. We are looking at solutions that could drive usage of financial services beyond access to bank accounts and address use-case/need at the customer level.

What will you get?

• Grant support up to USD 100,000
• Access to market intelligence and global visibility
• Access to global network and events
• Engagement with Malaysian financial institutions

Call for applications are open until 27 January 2019. Head straight to http://www.uncdf.org/finlab to snatch your opportunity!