Financial Inclusion Through Technology
Application period is now closed
The topic of the 100,000 euro European Microfinance Award 2018 is "Financial Inclusion through Technology" and is intended to highlight how MFIs can use technology innovations to expand outreach, broaden product offerings, improve the client experience, and increase operating efficiency, all guided by an unwavering focus on socially responsible finance.
It will seek to illuminate how technology-enabled services can improve access to finance for low income and financially excluded clients – promoting financial service providers (FSPs) that offer innovative products and services capable of responding to users' needs for trust, speed, low cost, security, usability, and transparency, and become a standard-setter for the other players in the market.
The closing date for applications was 30th of May 2018, 23:59 CET and the application period is now closed.
Thank you to the 27 institutions from 22 countries, representing nearly every geographical region, who have applied.
Please note that no information on the selection process is released until the finalists are announced in September. All applicants will be informed in advance of the announcement.
For further details on the Award visit the European Microfinance Award website
To learn more about the topic read NextBillion's blog: Bringing Technology to Microfinance in the Age of Data Scandals: European Microfinance Award Seeks Solutions
Photo credit: Martin Jumbe @ UNCDF-MM4P