MetLife Foundation and Visa, Accion and IFC have announced the winners of the Inclusive Fintech 50, a competition launched in February to help early-stage fintech companies attract capital and resources to benefit the world’s 3 billion financially underserved people.
The 50 winners demonstrate the power of financial technology to expand access, usage, and quality of financial services in advanced and emerging markets.
Approximately 30 percent of the winners provide credit products to underserved segments including MSMEs, and approximately 25 percent offer infrastructure solutions like biometrics software that enable financial institutions to expand access to previously excluded groups.