Village Capital, Accion Venture Lab, the MasterCard Center for Inclusive Growth, and Pomona Impact have recruited 12 ventures who are increasing access to financial services for low-wealth populations. The three-month program will bring together the best investors and partners in the financial services industry to sessions in Mexico City. At the end of the program, two peer-selected enterprises will receive $50,000 each in investment.
The three-month program brought together entrepreneurs, industry experts, policy experts, and investors, putting them side-by-side to bring more accessible and more affordable financial services to the “underbanked” populations in Mexico.
Set in Mexico City, the entrepreneurs participated in three, intensive business development workshops, where they reviewed the fundamentals of their ventures, met one-on-one with potential customers and mentors alike, and gave each other honest, critical feedback. At the end of the program, the entrepreneurs ranked each other to choose the two companies to receive $125,000 total in investment.