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Creating a multi-stakeholder partnership to set up a Lab for capital and technical support to FinTech startups

MSC helped to set up a “Financial Inclusion Lab” that identifies, mentors and brings to scale early-stage FinTech startups. These startups address the issues faced by the underserved communities by developing innovative and technology-enabled solutions. So far, over 40 startups have been supported, impacting over a million customer, and 1000+MSMEs. Four major social investors fund the initiative with committed funding of USD 9.5 mn. The project demonstrates MSC’s ability to structure and implement multi-stakeholder projects, especially those involving the investors and service providers (startups), to achieve a developmental outcome.