DFS Lab opens applications for the F3 Prize

DFS Lab opens applications for the F3 Prize

Does your FinTech startup offer products that work for women?

Well, DFS Lab, ​a fintech accelerator and investor building the future of emerging market fintech has launched open applications for the F3 Prize (Female-Focused Fintech Prize) sponsored by Omidyar Network’s new Flourish Ventures, and supported by Women’s World Banking and FinEquity, an initiative housed at CGAP.

The F3 Prize recognizes the most innovative digital financial products that are narrowing the gender gap in financial inclusion.

The applications are open until May 15th. The most innovative entrepreneurs and products that increase financial access to female users in emerging markets with a focus on regions of Sub-Saharan Africa and South Asia will win a cash prize of  $5000 and two runners up with $2000 each.

In addition winners will also get structured mentorship from DFS Lab and members of our F3 Prize advisory committee, and will also be featured and honored at the Financial Times and International Finance Corporation Transformational Business Conference and Awards Dinner on 13 June in London.

DFS Labs is looking for:

• FinTech startups who serve a primarily female customer base – includes both digital financial services companies and “fintech plus” companies who serve financial services alongside another primary offering (e.g. last mile delivery, agri supply chain, etc)
• Startups who target the mass market in Africa and South Asia (including Indonesia).
• Startups who have made gender inclusion a priority, both in their business models and their company culture
• Startups whose products and services address the gender gap in financial inclusion through increased access to financial services for women and/or a deeper impact on the daily financial lives of women and their families – ideally both
• Startups who can demonstrate the above with qualitative and quantitative data and prove the ability to scale that impact

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