I’m delighted to announce that Mifos has been selected as one of the seven Solver Teams for the 2021 MIT Solve Global Challenge for Digital Inclusion.
The digital inclusion category was one of the most competitive ones with 430 applicants from 74 countries so recognition from MIT and the esteemed panel of judges is great validation of our approach guiding a community delivering open source banking building blocks to enable financial services to be embedded everywhere and anywhere.
As a member of the Solver community, MIT will be connecting us with a wide range of resources and showcasing our solution to a broad audience of potential funders and strategic partners so we are eager to see all doors this will help to open up and the scale we can unlock.
Already in just the first week, the in-kind resources have helped us start pursuing some additional opportunities and several valuable introductions leading to potentially fruitful partnerships have been made.
We are looking forward to the collaboration and collective growth Mifos and our fellow cohorts will embark on through the program. Members of our cohort are working on “exciting solutions that provide access to the internet for the billions who remain disconnected, access to financial tools for businesses and entrepreneurs around the world, and culturally relevant digital literacy tools to enable participation in the digital economy.”
The 2021 Solver Class for Digital Inclusion includes:
- Akaboxii led by Atuhaire Sarah Baryaija
- Beeline Reader led by Nick Lum
- Brastorne Enterprises led by Naledi Magowe
- Hello World led by Katrin McMillan
- Hive Online led by Sofie Blakstad
- JumpToPC led by Sucheta Baliga
- Mifos led by Ed Cable
Watch our finalist pitch here!