News

Arab Financial Inclusion Innovation Prize Returns for a Third Edition

The Arab Financial Inclusion Innovation Prize (AFIIP) is back to scout and support the most innovative solutions that can make financial services more accessible and affordable for the low-income and MSMEs in the Arab world. The initiative is offering prizes of up to $60,000 in cash and technical support to ideas, products and services that can improve financial inclusion in the region.

Since 2018, the Arab Financial Inclusion Innovation Prize has identified over 200 innovators in the region. AFIIP has supported solutions span the financial services sector, from start-ups to incumbent institutions, operating in microfinance, digital payments, financial literacy, digital identity, and beyond. AFIIP provides winners with multiyear technical support and gives them access to a global network of thought leaders and investors to help take their ideas to the next level. Applications are judged on their impact, feasibility and marketability by a panel of world-class experts.

Application Deadline: 25 June 2021