Blockbonds is honored to have been selected as one of the winners of the Inclusive Fintech 50 competition.
MetLife Foundation and Visa Inc., with global nonprofit Accion and World Bank Group member IFC, announced the winners of the Inclusive Fintech 50, a competition launched in February to help early-stage fintech companies attract capital and resources to benefit the world’s 3 billion financially underserved people.
The 50 winners – which were selected from 400 eligible applicants – demonstrate the power of financial technology to expand access, usage, and quality of financial services in advanced and emerging markets.
“Inclusive Fintech 50 demonstrates that there are lesser-known fintechs able to reach underserved populations with appropriate financial products,” said Sarah Willis, Director of Financial Health & Inclusion at MetLife Foundation.
Blockbonds won in the category of Savings & Personal Financial Management. The judges pointed to the fact that SPENN grants a bank account to any smartphone user with connectivity, as well as enabling the unbanked to access a mobile savings account with added features like payments and investing.
See the list of all winners here: