Mifos is a Finalist for the 2021 MIT Solve Global Challenge

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We’re pleased to announce that Mifos has been selected as a finalist out of more than 1800 applicants for the 2021 MIT Solve Global Challenge for Digital Inclusion. 

Register and attend the Virtual Solve Challenge Finals livestream where the panel of judges will complete their evaluations of the pitches from the finalists and announce the 2021 Solver class on September 17. 

Recognition as a finalist is great validation of our approach to bring financial services to 3 billion underbanked by providing a set of open source banking building blocks to enable financial services to be embedded anywhere and everywhere. 

However being selected as a Solver would open the doors to new partnerships and give us access to resources and strategic advisors that would help unlock new scale and potential for our initiative. 

Check out our submission on MIT Solve and take a minute of your time to vote for Mifos as the Community Award winner – voting closes September 17 at 130pm ET.

About the MIT Solve Global Challenge

The 2021 MIT Solve Global Challenges are: Health Security & Pandemics, Digital Inclusion, Equitable Classrooms, Resilient Ecosystems, and Anti-Racist Technology in the U.S. Over 1,800 teams from 128 countries responded with innovative solutions. In total,75 finalist teams with the most promising solutions pitched their solutions to a panel of judges on August 18 and will share their work with the Solve global community at Virtual Solve Challenge Finals on September 17. 

About Digital Inclusion

The MIT Solve community is looking for technology-based solutions that ensure everyone has access to the digital economy. To that end, Solve seeks solutions that:

  • Provide low-income, remote, and refugee communities access to digital infrastructure and safe, affordable internet.
  • Equip everyone, regardless of age, gender, education, location, or ability, with culturally relevant digital literacy skills to enable participation in the digital economy.
  • Scale safe and private digital identity and financial tools to allow people and small businesses to thrive in the digital economy.