Fincluders Fintech Start-up Challenge: fostering technologies that increase access to responsible finance

FRANKFURT AM MAIN, 8 September 2016 – The Development Facility of the European Fund for Southeast Europe (EFSE DF) said today it is accepting applications for its Fincluders Fintech Start-up Challenge, which offers a top cash prize of EUR 15,000.

The organiser said the competition is open to budding companies that offer innovative solutions for improving financial access and services. “We are on the lookout for promising start-ups that, through the use of technology, can significantly boost financial inclusion in low- and middle-income countries and deliver strong developmental impact.”

Those who advance to the finals can expect mentoring workshops and a pitching event in Berlin and the chance to win cash prizes. The deadline for entry submissions is 15 October, and prospective entrants can check their eligibility and find out more information about the challenge here: www.fincluders.com.

EFSE DF Committee Chairman Markus Aschendorf said: “Fintech is a buzzword these days. We want to focus on the part that drives positive change in the area of responsible finance. We chose the form of a competition as we want to challenge the evolving industry to give their best ideas and talents. By identifying promising financial technologies in their early stages, we can help launch these services as a way to increase access to finance, one of our main goals.”

More information about the EFSE DF is available here.

More information about the European Fund for Southeast Europe is available here.