Request for Applications (RfA):
Inclusive Innovations for driving financial usage and financial health in Malaysia

Initial publishing date 30 September 2019
The Deadline has been extended until 1st November 2019 (Friday) 11.59 PM Malaysia time

The UN Capital Development Fund (UNCDF) supports the development of new use-cases, products or business models that could drive outcomes around financial health/financial resilience for segments currently left behind, such as smallholder farmers, women, youth, migrants, informal and formal workers, micro enterprises and other vulnerable segments in the low- and moderate-income groups in Malaysia.

The Financial Innovation Lab (Fin Lab) of UNCDF will support at least 5 partners by supplementing their project teams with experts who have the know-how in delivering digital financial services in challenging markets.

UNCDF will provide technical assistance and mentorship services to the selected partners. The technical support would be provided by digital finance and innovation experts that are experienced in product and business model development and go-to-market strategies in some of the most challenging markets in Asia and Africa.

UNCDF plans to invest half a million USD on this initiative, specific projects will be financed based on business needs. An average intervention may range from 50,000 to 150,000 USD.

UNDF invites to apply banks, financial intermediaries, microfinance institutions, insurance companies and other firms registered in Malaysia that have digital inclusive solutions that can drive financial health in Malaysia.

For requests and queries please send an email to uncdf.malaysia@uncdf.org with the title ‘Inclusive Innovations for financial health in Malaysia_Company Name’

Applications should be submitted via email at uncdf.malaysia@uncdf.org With the Email title: ‘Inclusive Innovations for financial health in Malaysia Company Name’ on or before the application deadline:

1st November 2019 (Friday) 11.59 PM Malaysia time.

The Deadline has been extended until 1st November 2019 (Friday) 11.59 PM Malaysia time.