Financial Inclusion Lab, Development Bank of Latin America | CAF

Seeking financial inclusion in Chile, Argentina, Paraguay y Uruguay

The Development Bank of Latin America - CAF organizes the third edition of the Financial Inclusion Lab (LIF 2021) focused on Argentina, Chile, Paraguay, and Uruguay, with the aim of promoting technological solutions that help improve the financial inclusion of vulnerable groups and have an impact on the productivity of MSMEs.

Be part of an acceleration program!

The eight selected fintechs will be accelerated by Seedstars and Endeavor, and all participants will be able to receive financing from the main private banks and investment funds in the region. In addition, participants will be able to participate in Village Capital investment workshops.

Who can Participate?

The open call is aimed at individuals or legal entities located in a CAF member country that are developing projects at an early stage of development, or consolidated initiatives that have operations in the Southern Cone countries: Argentina, Chile, Paraguay, and Uruguay

The competition is open to entrepreneurs, programmers, and designers

Participants must fill out the following registration form:

Program Timeline

LAUNCH CALL FOR APPLICATIONS

3rd of August 2021

APPLICATION DEADLINE

8th of September 2021

PROJECT REVIEW

13th of September 2021 - 10th of October 2021

ANNOUNCEMENT OF PRESELECTED STARTUPS

11th - 15th of October 2021

PITCH DAY AND WINNER ANNOUNCEMENT

9th of November 2021

INVESTMENT WORKSHOP BY VILLAGE CAPITAL

15th - 26th of November

ACCELERATION PROGRAMME BY ENDEAVOR AND SEEDSTARS

January 2022- June 2022

Prizes

All semi-finalist proposals will benefit from an investment readiness diagnostic

The 8 winning fintech startups will participate in the Endeavor and Seedstars acceleration programs, which will take place between January and June 2022

The semi-finalists will participate in an investment workshop by Village Capital

All proposals will have the chance of entering in to a round of financing from leading private banks and investment funds in Latin America and the Caribbean, after showing interest from the actors involved

Project Team

Open Call for CAF Financial Inclusion Lab 2021

LATIN AMERICA • FINANCIAL SERVICES

The 2021 concerns fintech startups from Argentina, Chile, Paraguay, and Uruguay that will receive acceleration, financing and participation in workshops.

Abierta la convocatoria del Laboratorio CAF de Inclusión Financiera 2021

LATIN AMERICA • FINANCIAL SERVICES

La edición de este año está dirigida a startups de Argentina, Chile, Paraguay y Uruguay, y cuenta con 36 aliados del sector público y privado de estos países.

About us

CAF - Development Bank of Latin America

The mission of CAF, Development Bank of Latin America, is to promote sustainable development and regional integration by means of financing projects in the public and private sectors, providing technical cooperation, and other specialized services. Created in 1970, it is made up of 19 countries, 17 Latin American and Caribbean, together with Spain and Portugal, and 13 private banks, it is one of the main sources of multilateral financing and an important generator of knowledge for the region.

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Seedstars

Seedstars is a Swiss-based group with the mission to impact people’s lives in emerging markets through technology and entrepreneurship, with a particular focus on the Sustainable Development Goals of the UN. Seedstars connects stakeholders, builds companies from scratch with public and private partners and invests in high-growth ventures within these ecosystems. Seedstars aims at fostering impact investing and impact entrepreneurship over the world. Through different activities, that range from venture scouting, events organization to company building and entrepreneurial education programs.