How do we ensure that inclusive fintechs reach low-income people and are designed with the consumer in mind?
We identify emerging fintech solutions and potential risks, partner with other organizations to test innovative solutions, and collaborate with industry associations and regulators to ensure fintech solutions are built with the consumer at the center.
Fintech provides tremendous opportunity to reach financially underserved households and businesses. Leveraging technology and cutting-edge innovations, fintech solutions can help people use the financial tools and services they need to improve their lives. Yet, despite the great promise of fintech, many people still remain excluded. At CFI, we aim to ensure that fintech solutions are responsibly designed to help and protect consumers.
Building inclusive fintech
Building Toolkits to Help Fintech Teams Protect Their Customers
Designing responsible inclusive fintech solutions requires careful consideration of potential consumer risks at the very start of the design cycle. At CFI, we are focused on helping fintechs and their investors adopt responsible practices that protect the consumer.
Check out our latest toolkits and guides below that are designed to help teams prioritize consumer privacy when building their solutions and ensure their AI is equitable and inclusive to all.
Privacy by Design
Writing Privacy into Fintech Design
Our Privacy as Product playbook demonstrates a comprehensive way to integrate responsible data practices into the design process of digital financial services.
Learnings from the Inclusive Fintech 50 (IF50) Competiton
inclusive fintech 50 competition
Uncovering Potential in Inclusive Fintech
From 2019 to 2022, CFI hosted an annual global competition to identify and elevate cutting-edge emerging inclusive fintechs with the potential to drive financial inclusion.
Insights from Past IF50 Competitions
Lessons Learned from IF50
Slowing economic growth, rising inflation, and climbing interest rates are straining the business models for inclusive fintechs, creating significant uncertainty and new funding challenges. This reality marks a sharp reversal from the boom in investment they enjoyed during the COVID-19 pandemic.
To better understand the outlook for the sector amidst these market changes, we interviewed past Inclusive Fintech 50 winners and inclusive fintech investors to learn how they are adapting to these uncertain times and the impact of the funding challenges on their business models and the low-income customers they serve.