{"id":71822,"date":"2021-05-25T09:21:47","date_gmt":"2021-05-25T09:21:47","guid":{"rendered":"https:\/\/rubyskynews.com\/?p=71822"},"modified":"2021-05-25T09:21:47","modified_gmt":"2021-05-25T09:21:47","slug":"womens-world-banking-fintech-innovation-challenge","status":"publish","type":"post","link":"https:\/\/rubyskynews.com\/index.php\/2021\/05\/25\/womens-world-banking-fintech-innovation-challenge\/","title":{"rendered":"#Women\u2019s World Banking Fintech Innovation Challenge"},"content":{"rendered":"
<\/div>

\"\"<\/p>\n

 <\/p>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n

In its third year,\u00a0<\/strong>Women\u2019s World Banking\u2019s Fintech Innovation Challenge provides a global stage to highlight Fintech innovations serving unbanked and underserved women in order to build their security and prosperity in the face of global inequalities.<\/strong><\/p>\n

Despite years of progress in advancing financial inclusion, nearly 1 billion women around the world still remain excluded from formal financial services, and there is a persistent 9% gender gap across emerging markets. Moreover, the economic toll of COVID-19 has fallen disproportionately on women, exposing their particular vulnerability to global shocks. While the pandemic has accelerated the digitization of financial services, low-income women remain at risk of being left behind given the unique barriers they face to adoption and usage of digital financial services. Combined with broader inequalities for women such as rising unemployment, disparities in access to healthcare, and the effects of climate change, it is more imperative than ever that gender equality is at the center of recovery and growth.<\/p>\n

Now more than ever, Fintechs are a crucial driver of women\u2019s financial inclusion.<\/p>\n

Our past Fintech Innovation Challenge winners \u2013 Aflore, Pula Advisors, Tyme, and myAgro \u2013 were given the exciting opportunity to compete in the Monetary Authority of Singapore\u2019s Global FinTech Hackcelerator during the Singapore FinTech Festival. Our 2019 Challenge winner, Pula Advisors, was one of their three winners!<\/p>\n<\/div>\n

<\/div>\n
\n
\n
IS YOUR FINTECH BUILDING TOWARDS A MORE EQUAL WORLD?<\/strong><\/h5>\n<\/div>\n
<\/div>\n<\/div>\n
<\/div>\n
\n
Apply Now<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
<\/div>\n
\n
\n<\/div>\n
<\/div>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

Solutions<\/b><\/h2>\n<\/div>\n
<\/div>\n<\/div>\n
\n

Fintechs must submit solutions in either of one of two categories:<\/p>\n<\/div>\n

<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/div>\n
\n

Build Security and Resiliency<\/strong><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n

How might we enable unbanked and underserved women to build resilience through convenient, secure, and reliable access to safety nets to ensure greater equality in a post-COVID-19 world?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\n
\n
\n
\n
\n
\n
\n

OR<\/strong><\/h3>\n<\/div>\n<\/div>\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/div>\n
\n

Build Economic Prosperity<\/strong><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n

How might we enable unbanked and underserved women to build their business and household income and drive economic growth to ensure greater equality in a post-COVID-19 world?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/div>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
Apply Now<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
<\/div>\n
\n
\n<\/div>\n
<\/div>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

Prizes<\/b><\/h2>\n<\/div>\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
<\/div>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

Finalists Receive<\/strong>
\n<\/em><\/h4>\n