Finance Forward Europe 2020

Village Capital, MetLife Foundation and PayPal will select 12 startups that are developing products to improve the financial health of low- and moderate-income populations across the European continent. Through 8 days of interactive workshops startups will receive training in investment-readiness and milestone-based planning for business growth and scale through Village Capital’s VIRAL methodology and mentoring from industry experts, including the investors and ally networks they need to grow their business.

Additionally, every startup that applies to this program will be invited to join Village Capital’s global Abaca online network, with over 1,000 investors and organizations that are supporting social entrepreneurs. 

At the end of the program, top selected startups will receive a MetLife Foundation Social Entrepreneurship Grant of up to $75,000.

We invite participation from start-ups focused on developing products for the European market that enable low-income communities and/or small businesses to access and use financial products in an accessible, affordable and appropriate manner. This could include, but is not limited to, products focused on:

• AVAILABILITY: Ventures that help disadvantaged populations access financial wellness products such as identity solutions or credit building or credit transfer products

• USE: Ventures that build affordable and relevant financial wellness products such as basic payment accounts, credit or credit history products, debt management products, wealth building savings products and/or insurance products

• STABILITY: Companies building tools that decrease income volatility, increase pay equity, provide consistent housing options, and offer long-term insurance coverage.

Eligible ventures must have/be:

• Legally incorporated as a for-profit entity

• A market-based solution that tackles a financial health challenge for low-to-moderate income communities in Europe

• Operations in or have the ability to expand business to the European market

• A minimum viable product (MVP), and raised less than $3M in equity

• At least one full-time founder based in Europe

• A meaningful customer or business validation (not limited to revenue, can also be successful pilot studies, number of users, and/or strategic partnerships)

Applications are now closed. Please fill out our Mentor Inquiry form or email marta.zaccagnini@vilcap.com if you're interested in being a mentor or if you have any other questions.