The Challenge awards one $50,000 Grand Prize and three $10,000 awards to finalists.

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Congratulations to our winner and finalists! Rey Assurance (Indonesia) won the $50,000 Grand Prize, with Corporación Interactuar (Colombia), Kaleidofin (India), and Proto (Canada) named finalists.

Interested in learning more, collaborating, or sharing? Email us at trustbydesign@accion.org.

Meet the winner & finalists

Left to right: Juan David Moreno (Interactuar), Evan Tanotogono (Rey), Noella Dushime (Proto), Vipul Sekhsaria (Kaleidofin) at the 2026 Fintech for Inclusion Global Summit in London.
Rey Assurance – Winner

Product: Olvo AI

Bias-Aware Decisioning • Indonesia • Founded 2021

Rey Assurance built Olvo AI to close a hidden gap in health insurance: automated claims systems trained on data that didn’t reflect how disease actually presents in women, leaving early risk signals undetected until they became costly. Olvo embeds gender-aware logic directly into claims decisioning, with a human reviewer checking every output and a clear explanation delivered with every outcome.

  • 79% reduction in the average out-of-pocket claim excess women paid
  • Live in production with 10+ payers and 300K+ members (~40% women)
  • Payer client base doubled in the past 12 months

Judges cited it as the cohort’s most novel trust-by-design application – fairness engineered into the core decision infrastructure from the start.

Corporación Interactuar – Finalist

Product: Online Credit + Business Branch

Inclusive Lending · Colombia · Founded 1983

Rural and informal women entrepreneurs in Colombia are often shut out of credit by branch-visit and guarantor requirements built for a different kind of borrower. Interactuar replaced that with a fully mobile, same-day disbursement process — no guarantor, no branch visit — while keeping a mandatory advisor video call for judgment an automated model would miss.

  • 63% of digital credit disbursements go to women, who also default less than men
  • Female disbursement share climbed to 74.7% in 2026, up from 57% in 2025
  • Strong client satisfaction, reflected in a high transactional Net Promoter Score

Gender-disaggregated data directly shaped interface design, pricing, and advisory programming.

Kaleidofin – Finalist

Product: ki score + ki monitor

Credit Infrastructure · India · Founded 2017

Women with informal or seasonal income are often invisible to traditional credit bureaus. Kaleidofin’s ki score assesses creditworthiness using alternative data – satellite, climate, mobile money, GST filings – instead of bureau history, while ki monitor flags repayment stress months before delinquency so lenders can step in with support rather than collections.

  • 11M+ borrowers scored across 60+ partners, ~$11B underwritten
  • 3–5x lift in loan approvals for women versus bureau-only scoring, on the same book
  • Early-warning system held collection efficiency high on a climate-exposed cohort, versus a sharp drop-off in unflagged regions

Judges were most excited by the explainability layer running through the product – a clear, walkable breakdown of what drove ki score’s rating, and of the early-warning signals behind ki monitor’s repayment alerts.

Proto Global – Finalist

Product: Multilingual AI complaint & fraud-recovery agents

Consumer Protection · Global · Founded 2018

Low-literacy, underserved customers face the steepest barriers when something goes wrong – a scam, a denied claim, an unresolved transfer. Proto’s AI agents automate grievance intake in low-resource languages across voice, WhatsApp, SMS, and web, routing complaints to financial institutions and regulators without the friction of paper forms or call centers.

  • 14M+ interactions per year, ~89% resolved without a human
  • Complaints filed by women in Rwanda more than doubled via Proto’s AI agent
  • Average complaint-resolution time cut from 35 days to 4 days

Proto pairs resolution with visibility – consumers get tracking and status updates, regulators get gender-disaggregated analytics informing supervisory decisions.


Challenge overview

The Trust by Design Fintech Challenge recognizes organizations designing fintech solutions that improve safety, transparency, and trust, especially for women who have traditionally been excluded from financial systems. The Challenge seeks market-tested solutions that demonstrate how data, customer-centric product design, and responsible safeguards can strengthen trust, reduce harm, and improve adoption among women.

Winners will receive financial awards, be recognized as industry innovators in trust-centered fintech, and gain visibility with investors and the broader financial services industry through curated events, publications, and showcases.

About 740 million women globally remain financially excluded, representing more than half of the world’s unbanked population.

One major barrier to financial inclusion for many excluded groups is a lack of trust. One in five unbanked adults in low- and middle-income countries cite it as a key reason for staying out of the financial system. Digital financial services are helping to close the financial inclusion gap, but they can only achieve sustained adoption if users trust them. Customers must feel confident that products are transparent, fair, and designed with their interests in mind. Yet across many markets, trust remains fragile. Concerns about fraud, opaque pricing, over-indebtedness, data misuse, and aggressive collection practices discourage customers from adopting or continuing to use financial services.

We believe that trust is not only a social good — it is a commercial imperative. Products designed around customer realities often demonstrate stronger repayment behavior, higher retention, and more durable growth. For providers competing in emerging markets, trust-centered design has proven to provide a competitive advantage.

Across markets, fintechs are working to address these issues. Many are improving underwriting, strengthening fraud detection, and building more transparent and responsible products.

Some providers are going further by introducing intentional design choices that reduce harm and improve customer understanding. This includes features such as additional prompts that encourage users to review key terms and interactive tools that help customers recognize and avoid fraud. Others are integrating gender-disaggregated data into product design, underwriting, and serving to better understand where risks to women’s financial security emerge and how outcomes might differ across customer groups.

The Trust by Design Fintech Challenge aims to spotlight and elevate these types of approaches. The goal is not only to recognize strong leaders in the space, but also to demonstrate that trust-centered design is good business.

The Trust by Design selection committee brings together five financial inclusion industry leaders — each offering a distinct lens on what it takes to build fintech that genuinely works for women customers at scale. 

Rachel Freeman

Chief Growth Officer

GoTyme Bank

Buhle Goslar

Fintech Executive & Financial Inclusion Advocate

Pim Engels

Sr. Investment Officer

FMO

Amee Parbhoo

Managing Partner

Accion Ventures

Gayatri Murthy

Senior Financial Sector Specialist

CGAP

One $50,000 Grand Prize will be awarded to support continued innovation in trust-centered fintech.

Three finalists will each receive $10,000 awards.

Each challenge winner will also receive a complimentary ticket to attend the Fintech for Inclusion Global Summit, 2026 in London U.K., plus airfare and hotel accommodation for their attendee. Winners will also be featured in an industry toolkit highlighting innovations in trust-building in fintech, serving as a lasting resource for the sector. There will also be opportunities for sector recognition and visibility among a global network of impact and commercial investors.

Find detailed FAQs here.

Review the official challenge rules here.

In this webinar, we explore how trust can be intentionally designed into digital financial products, where you can hear perspectives from across the financial inclusion ecosystem, and get a walkthrough of how to apply to the Trust by Design Fintech Challenge.

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Trust by Design Fintech Challenge Partners

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Funded by the Gates Foundation


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Get involved

Trust by Design is a starting point, not a finish line.

We’re building a network of investors, funders, and practitioners committed to scaling this approach across the sector. Get in touch to learn how you can be part of it.

NO PURCHASE NECESSARY. VOID WHERE PROHIBITED. Open to all fintechs, represented by an applicant at least 18 years old at the time of entry. Begins 12:00AM EDT on April 20, 2026 and ends 11:59PM EDT on July 17, 2026. To enter, complete and submit an application at https://www.accion.org/trust-by-design-fintech-challenge/ by 11:59PM EDT on June 5, 2026. Winners will be selected by a panel of qualified judges based on highest scoring evaluations. Total ARV of all prizes: $94,000. For full Official Rules, visit http://bit.ly/TrustByDesignRules. Sponsored by Accion.