The three winners of Global Fintech Hackcelerator 2024 are Singapore Fintech Festival (SFF).
hackcelerator is Monetary Authority of Singapore (MAS) Global Finance & Technology Network (GFTN).
This year’s theme was “improving fiscal health,” and 77 proposals were received from more than 10 countries.
The competition addresses pressing issues such as improving credit access, increasing financial literacy, fostering good financial habits, enabling affordable cross-border payments, and promoting financial resilience through traditional planning and insurance solutions. Tackled financial challenges.
18 finalists selected as finalists They then presented their innovative solutions at a Demo Day on November 6, 2024, where a panel of industry experts evaluated their proposals.
The winners were announced during the SFF Fintech Excellence Awards Dinner on November 7, 2024.
The finalists were awarded S$20,000 in cash and the top three winners each received S$50,000.
The winning teams recognized for their innovative contributions are:
Enable KaiOS tomorrow (China)
KaiOS aims to transform financial literacy with a gamified and interactive approach that is accessible to everyone, even those without a mobile phone.
KaiOS ensures users acquire practical and lasting financial skills with a personalized learning experience on feature phones.
KaiOS’ “earn while you learn” model provides real incentives to embark on your digital journey, one step at a time.
Users can convert the points they earn into coins with monetary value and use them for savings and other financial services.
Recognizing that many individuals still rely on cash, the platform leverages existing cash and digital bridges such as airtime and mobile money agents.
Wiglo (Bangladesh)
WeGro is a pioneering agri-fintech that leverages open banking and peer-to-peer (P2P) lending to offer customized financial products such as loans, savings accounts, and agricultural insurance specifically designed for smallholder farmers. It’s a platform.
The platform integrates all aspects of farmer financial activities, including onboarding, KYC verification, loan origination, product purchasing, and repayments, within a single digital marketplace.
Additionally, WeGro facilitates P2P lending, allowing individuals and investors to provide funding directly to farmers, aligning farmers’ interests, and facilitating community-driven financial support.
your financial health (Australia)
Your Financial Wellness (YFW) provides a scalable, personalized platform designed to address the global challenges of financial literacy and wellness.
The platform is a turnkey solution available through financial institutions and employers that helps users clarify and achieve their financial goals and aspirations.
By leveraging advanced data analytics and algorithm-driven personalization, YFW delivers content uniquely relevant to each user’s financial situation, ensuring increased engagement, increased financial literacy, and better decision-making. Masu.
