Accion

For those of us who are aiming to build a more financially inclusive world, we are constantly reminded of how trust in financial systems continues to be a barrier. In particular, for the 740 million women who remain outside the formal financial system, access isn't the only issue: it's whether the products that reach them are transparent, fair, and designed with their interests in mind. And one in five unbanked adults in low- and middle-income countries say lack of trust is why they're staying out entirely. The good news is that fintechs are trying to solve this — with real data, intentional design, and products that build lasting relationships with customers who've had every reason to be skeptical. We wanted to find those companies and share more on how they're tackling this challenge. Earlier this week, we at Accion launched the Trust by Design Fintech Challenge, in partnership with GRID Impact and supported by the Gates Foundation . We're looking for market-tested solutions that build trust with women customers and have the impact data to back it up — with a $50K grand prize and three $10K finalist awards up for grabs. Applications close May 22. Share with those you think may be interest as well! Amee Rahil Katie Khalid Devraj Paolo Sebastian Akhil Jasiel Semra Urja Hardik